Latest figures from accountant PwC show there were 5,580 construction insolvencies across the UK since the start of 2011 – a rate of 53 a week.
The number of insolvencies did fall during the last three months of 2012 with 12% fewer than the previous quarter.
But PwC expect the rate to increase and peak during the first half of 2013.
Jonathan Hook, PwC’s Engineering & Construction leader, said: “Whilst there has been a decline in the number of insolvencies over the last quarter the industry remains under severe pricing and cash flow pressure.
“I anticipate further failures in the supply chain over the coming period with the first half of this year being the peak point for failures in the sector.”