Davis Construction (Hawkhurst) Limited (01060294): administration
- Status
- Administration ended
- Administration began
- 2014-01-29
- Administrators
- Rachel Ballinger, Timothy James Heaselgrave
- Administrators' firm
- Greenfield Recovery
- Formerly
- Davis Builders Limited; Gatehurst Developments Limited
- Incorporated
- 1972-07-04
- Location
- Birmingham
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 4 July 1972 under company number 01060294 The Company has traded throughout its incorporation from premises at North Grove Road, Hawkhurst, Kent, TN18 4AP The Company traded within the building industry, specifically in building works for individuals
The Company was acquired by two of the current directors and the shareholders in January 2010 and was funded by way of personal borrowings and a bank overdraft facility of £50,000 This overdraft was personally guaranteed by Nicholas Chariton
The Company employed 18 employees
Administrators' statement of proposals (2014-03-27) · Companies House register