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Losses on construction projects caused a severe cash flow crisis from which Paramount D&B Limited could not recover.

Delays due to sector insolvencies led to the company’s first operating loss in 26 years.

The news follows the major announcement by the Surrey contractor on Friday.

The Reigate-headquartered developer and builder was founded in 1966.

JDL, also known as JDL Subcontracting Ltd, told clients to seek alternative contractors to complete the projects it had been working on.

Consultants from FRP Advisory have taken control of the business and assets of Redditch-based Fox Industrial Services Limited.

The Bedfordshire contractor was established in 2006 by managing director Simon Barlow. Voscap has been appointed as the administrator.

The Wigan company, founded in 2012, was originally known as NDS Plant, part of Network Rail, and prior to that Hydrex.

Vanguard Healthcare Solutions has acquired M-AR’s 100,000 sq ft manufacturing facility and workforce in Hull.

Founded by Harry Squibb in Stepney in 1948, Squibb Group (originally H. Squibb and Son) grew to be one of the leading demolition specialists in the UK