Acorn Scaffolding (Yorkshire) Ltd (03545178): administration
- Status
- Administration ended
- Administration began
- 2019-12-02
- Administrators
- Howard Smith, James Ronald Lumb
- Administrators' firm
- KPMG
- Formerly
- The New Inn (Thornton Le Dale) Limited
- Incorporated
- 1998-04-14
- Location
- Leeds
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Sustained trading losses
- Loss-making contracts / project overruns
From the administrators' statement
Acorn Scaffolding (Yorkshire) Ltd was incorporated on 14 April 1998 and operated as a provider of scaffolding services to the construction and entertainment industries. The Company operated from leasehold premises in Sherburn in Elmet, North Yorkshire. Prior to our appointment the Company employed 132 members of staff.
2.2. Funding and financial position of the Company
The Company held a bank account with Santander, who benefit from fixed and floating charges over the Company, along with a cross guarantee between the Company and Purchaser.
Administrators' statement of proposals (2019-12-23) · Companies House register