# IAN Neale (Nuneaton) Building Contractors Ltd. (02609943)

> Why UK company 02609943 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02609943

- **Status:** Administration ended
- **Administration began:** 2012-04-19
- **Administrators:** Matthew Douglas Hardy, Martin T Coyne
- **Administrators' firm:** Quantuma
- **Incorporated:** 1991-05-13
- **Location:** Birmingham
- **Industry:** 4521

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Loss-making contracts / project overruns
- Competition / price pressure

## From the administrators' statement

Below is an extract from the Directors affidavit in support of the application to Court to appoint Administrators’, which provides the Directors account of the events leading to the Administration

The Company was incorporated on 13 May 1991 and commenced trading shortly thereafter Prior to its incorporation as a limited entity, Mr Neale had carried on the business as a sole trader

The Company operated as a building contractor working mainly in the commercial sector with many of its contracts based with local authorities and government funded bodies

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02609943/filing-history/MzA1OTE3NzgwNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02609943

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