W.Braithwaite & SON Limited (00481082): administration
- Status
- Administration ended
- Administration began
- 2015-11-02
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1950-04-15
- Location
- Leeds
- Industry
- 43120 Site preparation
Why it went into administration
- Sustained trading losses
From the administrators' statement
The business was originally formed in 1899 and subsequently incorporated as a limited company in 1950 The Company recently traded from tts leased premises at Botanic Estate, 198 Edge Lane, Liverpool, L7 9PL
The Company was established to undertake fit out contracts, including building and shop fittng works It carned out work for various blue chip companies including several hosprtal trusts, universities, councils, banks and building societies throughout the United Kingdom All contracts were specialist works undertaken to the specified standards and quality ranging in size from £25,000 to £15 million plus The Company employed a large number of staff and subcontractors
Initial working capital was provided by the directors personally The Company banks with The Royal Bank of Scotland plc (“RBS”) The Company held an overdraft facility with the Bank until August 2015, at which point it was withdrawn by one of the directors
Administrators' statement of proposals (2016-01-06) · Companies House register