Carlton Contracts (J & L E) Limited (02794749): administration
- Status
- Administration ended
- Administration began
- 2014-09-16
- Administrators
- Lisa Jane Hogg, Kelly Burton
- Administrators' firm
- Wilson Field
- Incorporated
- 1993-03-01
- Location
- Sheffield
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated on 1 March 1993 and traded from its registered address at Poole House, 28-30 Poole Road, Woolston, Southampton SO19 2HD As previously advised, the Company has four directors, Katte Robinson, Vincent Bennett, John Ayres and Lynda Ayres,
The Company traded as a screeding and insulation business, providing services to the construction industry in and around the Southampton area
The Company sought insolvency advice due to mounting pressure from creditors as the Company had fallen behind on their regular payments. The reasons behind this were two fold; there had been a genera! downturn in the construction market leading to a slight dip in turnover and secondly the Company had suffered a bad debt of approximately £100,000 as a result of the administration of Denizen Construction Limited, leaving a significant hale in the Company's cash flow The Directors had tried to trade through with the same staffing levels and existing overheads but had reached a point where they could not see a viable way back for the Company in its current form
Administrators' statement of proposals (2014-11-13) · Companies House register