# 00973918 Limited (00973918)

> Why UK company 00973918 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00973918

- **Status:** Administration ended
- **Administration began:** 2011-11-18
- **Administrators:** Stephen Blandford Ryman, Anthony Davidson
- **Administrators' firm:** Opus Restructuring
- **Formerly:** Sharkey & Co Limited; Sharkey, Dowd & Co. Limited
- **Incorporated:** 1970-03-04
- **Location:** London
- **Industry:** 4522

## Why it went into administration

- Creditor pressure / legal action
- Loss-making contracts / project overruns
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Property / lease costs
- Sustained trading losses
- Loss of key people
- Competition / price pressure

## From the administrators' statement

The Company was originally incorporated on 4" March 1970 as Sharkey Dowd and Co Limited The original directors were Mr V Sharkey, Mr O J Dowd and Mrs E T Sharkey

Following incorporation, the Company was funded from personal cash injected by the three founding directors All the directors had experience of working as roofing and cladding contractors

The Company's ownership changed many times over its 41 year history, resulting ithe resignation and appointment of many directors The directors at the date of Administration were Mr K P Sharkey, Mr P T Sharkey and Mrs E T Sharkey

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00973918/filing-history/MzA1MDY4NTE5N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00973918

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.