i know a roofing contractor in south wales, the last recession in the building game ( early 90's ) which lasted a few years, they would disappear in less than 1 year all the time, the yeard was owned by a off-shore company ( not that, that mattered ) but they would run up debts with EVERYONE and then go, they allways run from the same yard, allways the same coloured vans and signs
it became a joke