The Latest Breaking News from Midas

Midas boss paid £500k as troubled South West construction group made £2m loss

Accounts reveal directors shared £1.8m in pay as company slumped into a loss before eventually going into administration

Birmingham Post · Feb 11, 2022

Future of South West housing projects still uncertain despite Mi-space rescue

Bell Group's swoop to acquire Mi-space (UK) Ltd from Midas Group collapse only saves building services arm leaving construction work in hands of administrators

Birmingham Post · Feb 10, 2022

Brady Construction to complete Fragrance Group's £30m Torbay hotels after Midas collapse

Cornwall and Plymouth firm will continue work on Paignton seafront after original contractor Midas Group went into administration

Birmingham Post · Feb 9, 2022

Urgent talks sought on future of stricken Midas' £22m Plymouth housing scheme

Councillor asks for summit with Plymouth City Council chiefs to discuss Barne Barton rebuild after Midas Group's intention to appoint administrator

Birmingham Post · Feb 3, 2022

Midas collapse could hit South West economy and jobs says SWBC

South West Business Council says as many as 1,000 jobs could be at risk directly and in the supply chain if construction giant Midas goes bust

Birmingham Post · Feb 2, 2022

Listed: the key South West construction projects troubled Midas is involved in

Exeter-headquartered company's intention to appoint an administrator causes concern for future of schemes it is working on

Birmingham Post · Feb 1, 2022

South West construction giant Midas confirms intention to appoint administrator

Exeter-headquartered company is ninth largest private sector firm in region but reported first loss in 40 years in 2021

Birmingham Post · Jan 31, 2022