# GB Joinery & Fabrications Limited (03462993)

> Why UK company 03462993 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03462993

- **Status:** Administration ended
- **Administration began:** 2011-04-27
- **Administrators:** Imogen C Davidson
- **Administrators' firm:** Lovell Partnership
- **Incorporated:** 1997-11-10
- **Location:** Manchester
- **Industry:** 2051

## Why it went into administration

- Cash flow / liquidity pressure
- Competition / price pressure

## From the administrators' statement

The Company was incorporated in November 1997 and commenced to trade immediately, with initial set up costs met using funds injected by its four shareholders This was augmented in 2000 with a bank loan and overdraft facility obtained from HSBC Bank ple

Having purchased suitable plant and machinery and set up a factory, the Company began to manufacture counters and cabinets for a wide range of commercial clients Trade grew steadily, with the Company reporting consistent small profits for the next ten years to the year ended January 2007 As trade grew, three of the Company shareholders sold their shares to Rodney Giggs as they were no longer actively involved in the running of the Company, leaving Rodney Giggs in control of the Company's operations

In September 2008, Kevin Patching, who was experienced in the joinery trade, joined Rodney Giggs as a director of the Company (“the Directors”) in order to bolster the Company’s management team

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03462993/filing-history/MzAzNzUwNTc5MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03462993

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