Marbank Construction Limited (02894161): administration
- Status
- In administration
- Administration began
- 2025-03-07
- Administrators
- Joseph Fox, Kelly Burton
- Administrators' firm
- FRP Advisory
- Formerly
- Veloflight Limited
- Incorporated
- 1994-02-02
- Location
- Sheffield
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- HMRC / tax arrears
- Sustained trading losses
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 2 February 1994 as Veloflight Limited, shortly after changing its name to Marbank Construction Limited.
The Company specialised in the design and construction of commercial and industrial developments, largely steel-framed and clad portal buildings used extensively in the manufacturing, distribution, out-of-town retail, service, and data storage sectors. The majority of the work carried out by the Company was done through JCT Design and Build Contracts.
The Company operated throughout the UK, although, the majority of its projects were located in the South East and along the South Coast.
Administrators' statement of proposals (2025-04-24) · Companies House register