Proc. lnsrn Cic. Engrs, Part 1 , 1979, 66, May, 301-307 TN 219 Predicting company failure in the construction industry The Note describes the development an operational model for the identification UK of of constructioncompanies in danger of failure. The modelisdevelopedusing a combination of two techniques, `financial ratio analysis'and a statistical technique known as `multivariate discriminant analysis'. This is a fairly new area of research in the UK and is stillopen to further development.Thisstudy is an attempt to validate the technique and describe its capabilities...