Harry Fairclough Limited (00368085): administration
- Status
- Administration ended
- Administration began
- 2020-02-21
- Administrators' firm
- Evelyn Partners
- Incorporated
- 1941-07-11
- Location
- Birmingham
- Industry
- 41100 Development of building projects
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 11 July 1941.
The Company was an asset holding company and employed the Group staff. The Company owned freehold property, motor vehicles, plant and machinery and other chattel assets used by the Group. The Company was based in Howley, Warrington, England.
The joint administrators were introduced to the Company's directors in early February 2020. At that time the Group (and in particular HFC, the trading business) was under significant cash pressure and was attempting to settle a significant disputed debtor critical to its ongoing viability.
Administrators' statement of proposals (2020-04-29) · Companies House register