Caldwell Construction has collapsed into administration due to ‘challenging trading conditions', with PFK Littlejohn Advisory being appointed as administrators during the interim period.
Based in Stoke-on-Trent and Warrington, the company employed over 400 people and provided groundworks services for several national housebuilders.
It had revenue of roughly £58m up to March 2025.
PKF Littlejohn Advisory UK partner, Paul Smith, said: ‘The construction sector has faced challenging trading conditions over recent years, including increasing costs, delays to schemes and wider market uncertainty. These pressures were exacerbated at Caldwell in recent weeks, placing significant strain on cashflow and operations.
‘The PKF Littlejohn Advisory team in Manchester and Leeds had worked closely with Caldwell's management over the past few months to explore all available options and potential solutions for the business. Unfortunately, despite extensive efforts, it was not possible to secure a way forward that would allow the company to continue trading outside of an insolvency process.'
Joint administrator, Oliver Collinge, added: ‘The directors at Caldwell have taken the difficult decision to place the company into administration. Our immediate focus is now on supporting employees and stakeholders while we assess the position of the business and its assets.'
