United Scaffolding, a New Zealand-based company, entered voluntary administration in early April due to a $14 million deficit. The parent company could no longer support the losses. The administrators have sold the business to a firm claiming to be the fastest-growing scaffolding company in New Zealand. The company's financial troubles led to the appointment of administrators from McGrathNicol. The article highlights the financial struggles of the company and its ultimate owner's inability to continue subsidizing its losses. Other related news includes liquidations in the construction sector.