J.S. Clayton (Plant & Equipment) Limited (02957826): administration
- Status
- Administration ended
- Administration began
- 2014-06-06
- Administrators
- Darren Brookes, Colin Thomas Burke
- Administrators' firm
- Milner Boardman Partnership
- Incorporated
- 1994-08-11
- Location
- Hale
- Industry
- 49390 Other passenger land transport
Why it went into administration
- Creditor pressure / legal action
- Bad debts / customer insolvency
From the administrators' statement
The Company having been established in 1994 by Mr John Clayton, had a wealth of experience in the hiring of plant and machinery, and had traded well for a number of years It had gained a large client base and a good reputation within the industry since the commencement of trade
The Company had also built up a substantial portfolio of plant machinery and equipment which it hired to its customers and was able to provide a wide range of equipment to meet its customers’ needs The Company's customers were mainly haulage firms, general contractors, plant hirers and sub-contractors
The general economic downturn and recession in the construction industry, forced the Company to reduce staffing levels and sell assets to reduce hire purchase liabilities
Administrators' statement of proposals (2014-08-18) · Companies House register