Bewley & Scott,Limited (00164651): administration
- Status
- Administration ended
- Administration began
- 2016-01-28
- Administrators
- Paul Ellison, Ian William Kings
- Administrators' firm
- KRE Corporate Recovery
- Incorporated
- 1920-03-01
- Location
- Gateshead
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company began trading over 100 years ago as a building company and trades from premises in Dunston, Gateshead which are owned by Vickers Scott Investments Company Limited, a company under common control
In the years ended 31 December 2011 and 2012 the Company posted small profits of £4,825 and £3,294 respectively In the year ended 31 December 2013, however, Bewley and Scott made a loss of £1,187 and in the year ended 31 December 2014 the loss increased to £24,153 No up to date accounts are available but the Company faced severe cash flow problems towards the end of 2015 and had very little future work in the pipeline
A summary of the Company's recent trading performance is shown below
Administrators' statement of proposals (2016-04-29) · Companies House register