Concerns are growing over the future of some of the South West’s biggest construction projects after Midas Group Ltd announced it intended to appoint an administrator.
The Exeter-headquartered firm and its subsidiaries Midas Construction Ltd and Mi-Space (UK) Ltd are involved in key building schemes across the region including in Plymouth, Torbay, Cornwall, Somerset and Bristol.
The projects include commercial and residential developments, for private and public sector clients, and are in various stages of completion. But now the future of the schemes has been thrown into doubt after Midas filed notices of intention to appoint an administrator.