G.& S.Bryant Limited (00499217): administration
- Status
- Administration ended
- Administration began
- 2018-04-16
- Administrators
- Simon Robert Haskew, Paul David Wood
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1951-09-06
- Location
- Bristol
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Parent or group failure
From the administrators' statement
G. & S. Bryant Limited (“GSB”) was incorporated on 6 September 1951 and operated as a family run building company, The Company was founded by Eileen and Kenneth Bryant and traded successfully for a number of years. Eileen resigned on 24 February 2003 and Kenneth resigned on 15 August 2007.
The business was passed down to their son, Malcom Bryant who was appointed director on 1 March 1998 and his son and daughter Rebecca and Brendan were subsequently appointed on 15 August 2007 and 20 September 2015 respectively. At 30 November 2015 (latest filed accounts) GSB had shareholder funds of circa £813,000 but had made a loss in the year of circa £127,000. GSB also held significant fixed assets of £1.1million which included the farm and land at Burrowbridge, Bridgwater where the family resided.
The property, building and land which was purchased in 1978 was valued by Greenslades in July 2015 for £1,015,000.
Administrators' statement of proposals (2018-06-04) · Companies House register