01864176 Limited (01864176): administration
- Status
- Administration ended
- Administration began
- 2011-09-02
- Administrators' firm
- Mazars
- Incorporated
- 1984-11-16
- Location
- Billingham
- Industry
- 4525
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Loss-making contracts / project overruns
- Sustained trading losses
From the administrators' statement
The Company was incorporated in 1984 as a Construction company
Pau! Grylls, the current director was appointed in September 2007 following the acquisition of the Company through Marlanct Limited Paul and his wife Claire Grylls were both directors of Marlanct Limited
During the first quarter of 2008 there was a mayor meltdown 1n the industry in general due to the economic crisis across the world, this resulted in many major construction contracts being placed on hold With fewer contracts available margins were squeezed
Administrators' statement of proposals (2011-10-28) · Companies House register