The cull continues

First Squibb, then McCormack, Wooldridge, Blucon and Rye. And now Essex-based Type Ten Limited has gone to the great demolition graveyard.

The company appointed a voluntary liquidator on 10 February.

According to an estimated statement of affairs listed at Companies House, the company was showing a £2,471,539 deficiency in its accounts when Begbies Traynor was appointed as liquidators.

Type Ten Limited was previously known as Pristine London Limited but changed its name in April 2022. A company called Pristine London Demolition Limited that is registered at the same address is still showing as active.

The demise of Type Ten Limited will create less of a ripple than Squibb and Rye. But this latest liquidation is the sixth in the space of just four months, marking late 2023/early 2024 as surely the worst period for company closures in demolition history.