Milward Construction (Belper) Limited (02645916): administration
- Status
- Administration ended
- Administration began
- 2015-05-28
- Administrators
- Dean Anthony Nelson, Megan Wallis
- Administrators' firm
- SC Advisory Services
- Formerly
- James Milward & Sons Limited
- Incorporated
- 1991-09-10
- Location
- Derby
- Industry
- 41100 Development of building projects
Why it went into administration
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Rising costs / inflation
- Cash flow / liquidity pressure
From the administrators' statement
Please note that the following Company history has been prepared by Mr Stephen Milward, a director of the Company, and the Joint Administrators accept no personal hability m respect of its contents
The Company was mcorporated in 1991 and commenced trading 1n September 1991 from rented offices at 30 Market Place, Belper, Derbyshire The Company’s directors and shareholders were Adnan Milward, Keith Holmes, Stephen Milward and Ian Redhead
The primary business activity was that of principal building contractors, initially carrying out mainly domestic extensions and alterations, although as the Company developed numerous schemes were undertaken on commercial, retail and educational properties along with historic buildings Ian Redhead left the Company during 1992 and his shares were purchased jomtly by Adrian and Stephen Milward Company policy was that a director or senior manager would oversee each project from initial enquiry through to final account
Administrators' statement of proposals (2015-06-12) · Companies House register