The UK’s second biggest construction company went into liquidation on Monday and their directors are under the scanner over the failure of the firm. The move has put 20,000 jobs at risk in the United Kingdom alone.
According to PWC, the company in charge of the process, the six firms from Carillion group in compulsory liquidation are:
Carillion Construction Limited
Carillion Services Limited
Planned Maintenance Engineering Limited
Carillion Integrated Services Limited
Carillion Services 2006 Limited
However, the group has stakes in 335 firms around the world, according to its Annual Report and Accounts 2016.
Three out of five of them are officially registered in Wolverhampton. That makes 199 companies.
Zooming only in England, Wolverhampton housed 96% of the total companies connected to Carillion.
The construction company has a controlling stake in 9 out of 10 of its 199 firms registered in the city.
Canada, the favourite place abroad
36% of the group’s interest is abroad, and seven out of ten of the Carillion-linked international companies are registered in Canada.
Three of these overseas places are on the Financial secrecy index: Isle of Men, Channel Island and Malaysia.
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