481,000 Businesses in Significant Distress as Winter Freeze Impacts
by Red Flag Alert
- Number of businesses in significant distress leaps by almost 15,000 in Q4 2018
- Real Estate and Property hardest hit with 7% (3,134) increase from Q3 2018 – Q4 2018 and a 9% (4,013) increase YoY in the number of companies in significant distress
- Businesses now in ‘critical’ distress increases 25% YoY to 2,183
The number of businesses in ‘significant’ distress now stands at 481,000, leaping by 15,000 during Q4 2018, after a winter of uncertainty, according to the latest Red Flag Alert research.
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