50-year-old contractor collapses owing £11m
Digital Edition: 50-year-old contractor collapses owing £11m
Cosmur Construction has gone into liquidation after a rescue plan failed, with creditors set to lose out on £11m. The London-based contractor suffered significant cashflow problems at the end of 2022 after a major unnamed client withheld payment, according to its final accounts. It entered…

Welcome! To continue reading either:
Access your account
Log in to your account to access your content on Construction News.
Get unlimited access
Subscribe today to ensure you always keep up to date with the latest client and contractor news, interviews with industry leaders, market data, industry trends and forecasts, and access to CN Intelligence in partnership with Glenigan.
Start a FREE trial
Get full access for 2 weeks. No further commitment, no payment details required.
Check if you already have access from your company or university