A Nottingham-based contractor has filed for administration, ceasing trading on Monday.
According to Construction Enquirer, roughly 30 staff are expected to lose their jobs at DAKO Construction.
Established in 2018, the company expanded into London in 2021.
Quoting a letter to staff, Construction Enquirer highlights the firm’s founder and Managing Director Assan Hussain as saying that dealing with COVID-19, a recession and soaring material prices, as well as recent non payment from certain clients has made its situation untenable.
