Steve Murphy Brickwork Limited (02965400): administration
- Status
- Administration ended
- Administration began
- 2012-03-28
- Administrators
- Alan John Clark
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1994-09-06
- Location
- Maldon
- Industry
- 4521
Why it went into administration
- Loss-making contracts / project overruns
- Competition / price pressure
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Management failings / irregularities
From the administrators' statement
Steve Murphy Brickwork Limited commenced to trade shortly after incorporation in September 1994 as a brickwork contractor The company latterly traded from leasehold premises owned personally by Mr Stephen Murphy at The Old Slaughter House, Boars Tye Road, Witham, Essex CM8 3PP for which it paid £1,000 per month As far as the administrator is aware there was no written lease
A debenture securing fixed and floating charges was created on 26 February 2003 in favour of the National Westminster Bank PLC
The company traded successfully obtaining contracts with a number of blue chip customers Profits peeked during 2005/2006 with a profit and loss account balance of £248,978 for the year ending 31 October 2006
Administrators' statement of proposals (2012-05-11) · Companies House register