Percliff Plant Hire Limited (01315819): administration
- Status
- Administration ended
- Administration began
- 2012-03-30
- Administrators' firm
- Elliott of Cowgill Holloway Business Recovery
- Formerly
- Percliff Limited
- Incorporated
- 1977-06-01
- Location
- Bolton
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Parent or group failure
- Competition / price pressure
From the administrators' statement
The Company was incorporated In June 1977 by the directors, Brian Ingleby and Michael Holden for the purpose of the rental of plant hire, typically with a driver, for removal, refining and distribution of hardcore The Company name was changed from Percliff
Limited in April 1984 to Percliff Plant Hire Limited
The Company has historically reported a net profit, however, the directors reported a down turn in the industry caused by the poor economic climate that has been experienced in recent years, has seen a reduction in the size and quantum of butlding contracts in which
Administrators' statement of proposals (2012-05-16) · Companies House register