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Construction firms most-searched in 2013

New analysis published by Creditsafe reveals that nine of the 10 most-searched for companies in 2013 operate in the construction industry. 

Topping the list was Farnrise Construction, a growing construction firm headquartered in Gatwick, closely followed by Daniel Contractors and Mansell Construction Services. 

The construction industry is undergoing a resurgence in the UK according to Eurostat, the statistical office of the European Union, which estimates annual growth of 5.1 per cent. 

None of the most-searched construction industry firms in 2013 had entered administration in the previous 12 months. In 2012, 57 per cent of the most-searched construction companies had been declared insolvent.  

Creditsafe UK managing director Chris Robertson said: “While the construction industry in the UK appears to be undergoing a minor revival, across Europe construction output remains well off its 2007 peak and concerns about the viability of operators remains. 

“That the overwhelming majority of the most searched companies operate in the construction industry reinforces the nervousness many firms have about the long-term financial health of the sector. 

“With major infrastructure projects in the UK including HS2 and an expansion of runway capacity yet to come to fruition, growth will have to be driven by investment from the private sector.”

Tesco was the only company outside the construction sector to break into the top 10 rankings at number seven.

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