P.Whelan Limited (01034008): administration
- Status
- Administration ended
- Administration began
- 2011-07-06
- Administrators
- Ian David Green, Nicholas Edward Reed
- Administrators' firm
- PwC
- Incorporated
- 1971-12-08
- Location
- Leeds
- Industry
- 4521
Why it went into administration
- Property / lease costs
- Weather / natural events
- HMRC / tax arrears
- Creditor pressure / legal action
- Loss-making contracts / project overruns
- Competition / price pressure
From the administrators' statement
As at the date of the Administrators’ appointment on 6 July 2011 the position as regards the Company was as follows -
• The Company was established in 1972 and operated as a construction contractor The business traded under the name Whelan Construction with its head office situated in Newcastle upon Tyne
• The Admmistrators’ appointment arose as a consequence of sigmficant decrease in sales with less work available in the market and increased competition from larger contractors The directors concluded that the Company was no longer able to replace completed work with new contracts at appropriate margins
Administrators' statement of proposals (2012-02-09) · Companies House register