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Article Construction News UK

McGee plunges into the red after ‘bad debt’ on hotel job

Construction News UK August 18, 2026 · 7:00 am Read Original
Pessimistic -42.6
−100 Bearish 0 +100 Bullish
McGee plunges into the red after ‘bad debt’ on hotel job

McGee has cited a “bad debt on a London hotel project” after reporting a £2.8m pre-tax loss in its latest annual accounts. The London-based engineering specialist also saw its turnover drop by 11 per cent to £134m in the 12 months to 30 November 2025.…
The post McGee plunges into the red after ‘bad debt’ on hotel job appeared first on Construction News.

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Article Info
Source Construction News UK
Published Aug 18, 2026 · 7:00 am
Article ID 4o0lf5e
Original URL Open source
Sentiment Signal
Pessimistic -42.6
−100Neutral+100
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