KIM Barker Construction Limited (02406786): administration
- Status
- Administration ended
- Administration began
- 2015-03-02
- Administrators
- Joanne Wright, Kelly Burton
- Administrators' firm
- Wilson Field
- Formerly
- KIM Barker Constructions Limited
- Incorporated
- 1989-07-21
- Location
- Sheffield
- Industry
- 42990 Construction of other civil engineering projects n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Property / lease costs
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated on 21 July 1989 and traded from leasehold premises at Sixth Avenue, Flixborough Industrial Estate, Scunthorpe, North Lincolnshire DN15 8SH
The Company ts part of Kim Barker Group which consists of the Company, Glanford Services Limited (“Gianford”) and Flixborough Fabrications Limited (“Flixborough”) By way of an overview of the Group structure, Glanford held certain assets which were utilised by the Company but was predominantly a vehicie which was used to purchase stock and fuel for the other Group companies The Company itself operated in the sheet piling industry, providing design, installation and removal services to a customer base comprising prominent construction companies and contractors Creditors should note that Glanford was also placed into Administration on 2 March 2015, with Kelly Burton and Joanne Wright of Wilson Field being appointed as Joint Administrators
Flixborough owns the premises at Sixth Avenue, Fiixborough Industrial Estate, Scunthorpe which was the trading premises for both the Company and Glanford The Company paid rent to Flixborough in exchange for its occupation of the site although there was no formal lease in place
Administrators' statement of proposals (2015-03-26) · Companies House register