# George H. Austin (Builders) Limited (01068997)

> Why UK company 01068997 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01068997

- **Status:** Administration ended
- **Administration began:** 2015-04-13
- **Incorporated:** 1972-08-31
- **Location:** Whiteley Fareham
- **Industry:** 41202 Construction of domestic buildings

## Why it went into administration

- Sustained trading losses
- Loss-making contracts / project overruns
- Cash flow / liquidity pressure
- Property / lease costs
- Management failings / irregularities

## From the administrators' statement

administrator

The company was incorporated in August 1972 The directors upon incorporation were Stuart and Valerie Wood The company commenced trading in Portsmouth providing small maintenance and building works in the local area

Trading progressed satisfactorily over the years and in 1993, Steve Evans joined the company At this time, the company was undertaking smali maintenance contracts principally for Portsmouth Csty Council

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01068997/filing-history/MzEyNTAxOTc3M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01068997

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