Unfortunately the building and civil engineering industry are synonymous with slow or non payment. Speaking from experience the big firms use the smaller ones as their bank accounts. I would presume that Owen Pugh would have a lot of suppliers ie fuel, plant spares, sub contractors, all those new Merc tippers will probably be on lease. All these companies will have to join a long queue to be paid and will probably get nothing. That in turn bounces down the line to their suppliers. This is not to mention all the employees concerned who will be worried for their futures. Just one big vicious circle and history keeps repeating itself. I sometimes think the limited company system is legalised fraud.
Tyneside