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Birmingham Post
Birmingham Post
Business
Jon Robinson

NatWest lost £9m as UK's largest roofing contractor Avonside collapsed into administration

NatWest lost more than £9m after the UK's largest roofing contractor collapsed into administration, it has been revealed.

Reports started circulating towards the start of September about the imminent failure of Heywood-based Avonside Group before restructuring firm Begbies Traynor was appointed as administrator on Wednesday, September 7.

In a statement issued at the time, the firm said Avonside "experienced a period of disrupted trading during the pandemic" and had operated 39 branches across its three divisions.

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