Coastal Construction Faces 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, reflecting on the recent liquidation of Coastal Construction. The company, which has been a significant player in the construction sector, particularly for Norwich City FC (NCFC), has now entered liquidation owing creditors a staggering £1.06 million.
Coastal Construction, established by Peter Waddison, who passed away in 2023, ceased trading in October 2025. The company had 26 creditors, including Norwich City, which filed a petition to wind up the firm. This development has raised concerns about the financial stability of the club’s construction projects and its relationship with local contractors.
Financial Struggles and Creditor Pressure
Kevin Waddison elaborated on the challenges faced by the company, stating, “It shows the sort of pressure we were getting from some of our creditors.” The financial strain was exacerbated by the introduction of nutrient neutrality planning rules, which caused significant delays to housing projects that Coastal Construction was involved in. This regulatory hurdle has had a cascading effect on the company’s ability to generate revenue.
In an effort to stabilize the business, Kevin and his brother Gary Waddison injected around £300,000 of their own money into Coastal Construction last year. Despite these efforts, the mounting debts proved insurmountable. “Unfortunately we could not trade any longer,” Kevin added, highlighting the difficult decisions that led to the company’s downfall.
Impact on Norwich City FC
As the official building contractor for Norwich City, Coastal Construction’s liquidation raises questions about ongoing and future projects associated with the club. The company had also invested in a hospitality box at Carrow Road, further intertwining its financial fate with that of NCFC. The club’s management will now need to navigate the implications of this liquidation, especially regarding its construction plans and partnerships.
The liquidation of Coastal Construction is a stark reminder of the vulnerabilities within the construction industry, particularly for companies reliant on steady cash flow and favorable regulatory conditions. The situation is still evolving, and stakeholders are keenly awaiting further developments as the impact of this liquidation unfolds.