On the surface, the construction sector in the UK looks to be among those that are recovering best from the COVID-19 pandemic. Companies have seemingly sussed out how to operate within the confines of social distancing restrictions and business appears to be growing again despite the ongoing pandemic.
Figures for February show that activity in the sector is up, with the IHS Markit/CIPS UK Construction PMI rising from 49.2 to 53.3, well over the growth threshold of 50 and the biggest rise in activity since September last year.
Meanwhile, the spring budget brought with it a raft of stimuli, from the super-deduction tax break to the £12bn apprenticeship fund, that will be of direct benefit to the construction sector.
However, beneath the surface a triple threat of factors means that this fledgling recovery may be standing on far shakier foundations than it seems – and that could spell valuable acquisition opportunities for those with the cash to do deals.
Reverse charge VAT
A coming wave
What are the main acquisition opportunities?
The company offers a software as a service platform that assists healthcare organisations to deliver the informed consent process digitally. This platform streamlines the consent form process and removes any risk of patients missing any relevant info...
Product range includes indoor and outdoor lighting, CCTV / alarm equipment, power distribution equipment and specialist cabling. Caters to 400 commercial clients and a steady stream of private individuals, with some relationships spanning 24 years....
Manufactures and supplies bespoke architectural metalwork products for clients operating within the construction industry and for specialist façade and cladding subcontractors. Utilises a state-of-the-art manufacturing facility to deliver high-qualit...
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