Trade credit in the UK construction industry: an empirical analysis of construction contractor financial positioning and performance
Research Paper 118
Document Status
Current
Supplement
Construction Management Supplement
Series
Research Paper
Abstract
Explores the availability of trade credit for UK construction firms and how they rely upon it to support their operations. Looks at: how companies in the construction sector finance their work; how finance structures within the construction sector compare to those of the economy as a whole; how the way construction companies fund themselves differs between main contractors and subcontractors, and by size of firm; and whether the structure of construction industry finance significantly altered since the financial and banking crisis. Makes recommendations on the implications of these findings for companies in the construction sector.
Subjects
- Cost planning and control
- Legal issues and management
- Financial management
Publisher History
The Department for Business, Innovation and Skills resulted from a merger between the Department for Business Enterprise and Regulatory Reform (BERR) and Department for Innovation, Universities and Skills (DIUS) in June 2009. In 2016 it was replaced by the Department for Business, Energy & Industrial Strategy. Content was published under the Open Government Licence v3.0.
Information
NBS
NBS has produced specification systems and information products for construction industry professionals for more than 40 years. The National Building Specification is the recognised UK national standard and is used by over 5,000 organisations. NBS is part of RIBA Enterprises Ltd.
Accuris
We connect trusted knowledge to customers' workflows – mitigating risk, increasing efficiency and accelerating innovation For more than 60 years, leading R&D and engineering-intensive organizations have relied on us to achieve on-time, on-budget delivery of complex projects and new products. We deliver an unparalleled combination of technical content and Artificial Intelligence (AI) technologies to surface answers from the vast universe of technical knowledge, both inside and outside the organization. In a single interface, we connect the dots between information scattered across many different sources, allowing technical professionals to make better, more informed decisions faster.