Ncfc: Coastal Construction Liquidation: Impact on

ncfc — GB news

Ncfc: Coastal Construction Liquidation: Impact on

Coastal Construction Liquidation

“We did everything we possibly could to keep it going, but we got to the point where we couldn’t hold off anymore,” said Kevin Waddison, one of the directors of Coastal Construction, as the company was put into liquidation on March 11, 2026. The firm, which has been the official building contractor for Norwich City Football Club (NCFC), has left a significant financial burden, owing creditors a total of £1.06 million.

Coastal Construction, established by Peter Waddison, who passed away in 2023, ceased trading in October 2025. The company faced mounting pressures, particularly from its 26 creditors, which included Norwich City itself. The financial difficulties were exacerbated by delays in housing projects caused by nutrient neutrality planning rules, which significantly impacted the company’s operations.

Kevin Waddison explained the strain the company was under, stating, “It shows the sort of pressure we were getting from some of our creditors.” Despite the challenges, he and his brother Gary Waddison had injected around £300,000 of their own money into the company last year in an effort to stabilize its finances.

However, these efforts were ultimately insufficient to prevent the liquidation. Kevin Waddison lamented, “Unfortunately we could not trade any longer,” highlighting the difficult decisions faced by the company’s leadership as they navigated through financial turmoil.

The liquidation of Coastal Construction raises questions about the future of its projects and the potential impact on Norwich City, which relied on the company for various construction needs. The firm had also paid for a hospitality box at Carrow Road, further intertwining its operations with the football club.

As the situation unfolds, stakeholders are left to consider the implications of this development. The financial strain on Coastal Construction is a stark reminder of the challenges faced by businesses in the construction sector, particularly in light of regulatory pressures and economic uncertainties.

Details remain unconfirmed regarding the next steps for both Coastal Construction and its creditors, including Norwich City. The outcome of this liquidation process will likely influence future construction projects and partnerships within the region.

As the community processes this news, the focus will shift to how Norwich City and other affected parties will respond to the challenges posed by the liquidation of a key contractor.