Overdue accounts flag higher insolvency risk for Scottish builders

Of 401 Scottish firms with overdue accounts, 49.6% had entered insolvency, been removed from the register or faced strike-off a year later, against 10.6% of those up to date. The pattern matches the UK-wide picture.

Clarke Bell's John Bell advises homeowners to check a builder's accounts before paying deposits, search The Gazette for winding-up petitions, and pay by credit card for added protection under Section 75 of the Consumer Credit Act.