Midland Erection Limited (00375592): administration
- Status
- Administration ended
- Administration began
- 2019-04-09
- Incorporated
- 1942-08-17
- Location
- Droitwich
- Industry
- 41201 Construction of commercial buildings
From the administrators' statement
3.1 The circumstances leading up to cessation of trade are detailed in paragraph 2.1 above.
3.2 Following a request from the Mr. C Poole, my colleague Justin Brown met with Mr. Poole of 25 March 2019 to discuss the position of the financial position of the company. Mr. Poole advised that a large payment from one of the company’s main contractors had been withheld and that without that payment then company was not in a position to meet its monthly wage commitments that were due to be discharged on 29 March 2019. In addition, the company was due to make critical payments to certain trade creditors which it was also not in a position to honour.
3.3 Asa direct result the directors engaged MB insolvency on 28 March 2019 to act as proposed Administrator's for the company. Subsequently a Notice of Intention to appoint an Administrator was filed in the Business and Property Courts in Birmingham on the same day under case number 289 of 2019.
Administrators' statement of proposals (2019-06-17) · Companies House register