XYZ Rail Limited (02821207): administration
- Status
- Administration ended
- Administration began
- 2023-10-06
- Administrators
- Lisa Marie Moxon, Christopher Benjamin Barrett
- Administrators' firm
- Dow Schofield Watts
- Formerly
- Stobart Rail Limited; W.A. Developments Limited
- Incorporated
- 1993-05-25
- Location
- Warrington
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Loss-making contracts / project overruns
From the administrators' statement
The Company was incorporated on 25 May 1993 under the name W.A Developments Limited to provide rail and civil engineering services.
In 2007, the Company was then merged into the Stobart Group and was rebranded as “Stobart Rail”. The Company continued to provide a range of engineering services to both external customers and across the Stobart Group.
The Company was sold to Signal Bidco Limited in July 2021 and was rebranded as XYZ Rail Limited. in November 2021, Land Recovery Construction Ltd (“LR”) purchased the Company from Signal Bidco Limited.
Administrators' statement of proposals (2023-10-26) · Companies House register