# Davis Construction (Hawkhurst) Limited (01060294)

> Why UK company 01060294 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01060294

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01060294/filing-history/MzA5NzEyNjUyNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01060294

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