03541143 Limited (03541143): administration
- Status
- Administration ended
- Administration began
- 2012-05-28
- Administrators' firm
- RSM
- Incorporated
- 1998-04-06
- Location
- Newcastle upon Tyne
- Industry
- 43120 Site preparation
Why it went into administration
- Weak consumer demand
From the administrators' statement
McClean Limited was incorporated in 1998 by the current director, Paul McClean
An earth moving and groundworks contractor, the Company operated from leased premises at Derwent Street, Chopwell, Gateshead, Tyne and Wear, NE17 7HY and traded successfully for a number of years, securing contracts with a number of large house builders
During 2008/2009, sales decreased as a result of the fall in demand for new housing caused by general economic conditions Despite significant cost savings by management, including redundancies, the Company was unable to return to profitability
Administrators' statement of proposals (2012-07-19) · Companies House register