# T P Clarke Groundworks Limited (02903883)

> Why UK company 02903883 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02903883

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02903883/filing-history/MzIxMDIxMTgzOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02903883

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.