Henry Ibbotson & SON Limited (00497880): administration
- Status
- Administration ended
- Administration began
- 2012-12-10
- Administrators
- John Malcolm Titley, J Irving, Mark John Colman
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1951-07-23
- Location
- Preston
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
Henry Ibbotson & Son Limited (‘the Company’), was established as a business in 1756, taking its current name in 1861, before incorporating as a limited entity on 23 July 1951 The Company operated primarily as a building contractor from its freehold premises situated at Forrest Street, Blackburn, Lancashire BB1 3BE
The Company employed 36 staff and undertook all types of building and construction work for commercial and domestic clents The Company has traditionally targeted mid-to-large scale Local Authority project contracts which have included construction of new build housing, major refurbishment works and long term maintenance of selected sites The Company endeavoured to provide a high standard of expertise and ditgence on all its projects at a competitive cost to its cllent
Over the past year, the Company has experienced a reduction in the number of contracts that have been avatlable for tender and in turn that have subsequently been awarded This is endemic across the industry and ts a reflection of the current economic climate, particulary as a result of the austerity measures imposed by the Government and Local Authorities
Administrators' statement of proposals (2013-02-07) · Companies House register