T P Clarke Groundworks Limited (02903883): administration
- Status
- Administration ended
- Administration began
- 2018-04-17
- Administrators' firm
- KRE Corporate Recovery
- Incorporated
- 1994-03-02
- Location
- Newcastle upon Tyne
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
The Company was formed in 1994 as a wholly owned subsidiary of TGN Projects Limited and traded as a groundworks company from freehold premises at Viewley Hill Farmhouse, Elton, Stockton-on-Tees.
A summary of the Company's recent trading performance is shown below.
Statutory Accts Statutory Accts 01 April 2016 to 31 Of April 2015 to 31 March 2017 March 2016 £7000 £000 Turnover 2,102 2,189 Cost of Sales (1,716) (1,486) Gross Profit 386 703 Gross Profit % 18.4 32.1 Overheads (362) (468) Net Profit/Loss after tax 34 235
Administrators' statement of proposals (2018-07-20) · Companies House register