I.B. Construction Limited (00642276): administration
- Status
- Administration ended
- Administration began
- 2019-07-10
- Formerly
- Insulated Buildings Limited
- Incorporated
- 1959-11-18
- Location
- Droitwich
- Industry
- 43999 Other specialised construction activities n.e.c.
From the administrators' statement
3.1 On 10 July 2019, Mark Bowen, of MB Insolvency was appointed Administrator of the Company following the filing of a Notice of Appointment of Administrator by O’Connell Limited, the holder of a Qualifying Floating Charge.
3.2. Prior to this O’Connell Limited served demand on the company for repayment of their liability, which the company was unable to meet. They subsequently filed a Notice of their intention to appoint an Administrator which was filed in the High Court in Birmingham.
3.3 Following receipt of the demand the director took the decision to cease to trade and effectively lay the workforce off, pending the formal appointment of an Administrator.
Administrators' statement of proposals (2019-09-04) · Companies House register