# H. Waterhouse & Sons (Wakefield) Limited (01199343)

> Why UK company 01199343 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01199343

- **Status:** Administration ended
- **Administration began:** 2018-10-05
- **Administrators:** Lee Van Lockwood, Robert Alexander Henry Maxwell
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 1975-02-06
- **Location:** Leeds
- **Industry:** 43390 Other building completion and finishing

## Why it went into administration

- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

The Waterhouse brand was originally established in 1853 and incorporated into a limited company in February 1975. Throughout its history, the Company has conducted trade from a leasehold premises located in East Ardsley, Wakefield.

Over its 165 year history, the Waterhouse brand became well established in the commercial refurbishing and office interior fit-out market in Norther England and London. Its reputation in the rnarketplace enabled it to win large refurbishment contracts for a variety of clients, resulting in it undertaking projects with turnover ranging from £5k to £3m in value.

Working capital was historically funded by Barclays Bank pic before the Company switched provider to HSBC Bank ple (‘HSBC’). As at 5 October 2018, HSBC provided an overdraft facility to the Company with a limit of £230k.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01199343/filing-history/MzIyMTI4MzM3MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01199343

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