Knowles & SON (Oxford) Ltd (00229643): administration
- Status
- Administration ended
- Administration began
- 2018-11-15
- Administrators' firm
- Kroll
- Formerly
- Knowles & SON (Oxford) Management Limited
- Incorporated
- 1928-04-13
- Location
- London
- Industry
- 41100 Development of building projects
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Sustained trading losses
- Competition / price pressure
- Loss-making contracts / project overruns
- Weather / natural events
From the administrators' statement
Statutory information on the Company and a summary of its financial history is included at Appendix 1.
The Company operated as a construction contractor. The business was established in 1797 and had been trading for over 200 years. The Company traded from the Property, being freehoid premises in Berinsfield, Oxfordshire, and directly employed 73 staff as at the Appointment Date. The Company was also a key work provider for over 350 sub-contractors and tradesmen in and around the Oxfordshire area.
The Company undertook long term construction projects and had particular expertise in the education sector and the conservation and complex restoration of listed buildings including Oxford colleges. The Company was also a key maintenance contractor for the United Kingdom Atomic Energy Authority's Culham Centre for Fusion Energy in Abingdon, Oxfordshire.
Administrators' statement of proposals (2018-01-11) · Companies House register