# Mariners Building Contractors Limited (03628856)

> Why UK company 03628856 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03628856

- **Status:** Administration ended
- **Administration began:** 2011-12-09
- **Formerly:** Mariner Building Contractors Limited; Satin Creek Limited
- **Incorporated:** 1998-09-09
- **Location:** Salisbury
- **Industry:** 4521

## Why it went into administration

- HMRC / tax arrears
- Sustained trading losses
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Competition / price pressure

## From the administrators' statement

Albett that statutory information 1s contained at Appendix I, this report provides brief details in relation to the Company's history

Mariners Building Contractors Limited traded as a traditional constructton company undertaking new build work and maintenance

Due to the mmpact of the global recession the Company has suffered a decline in turnover from £3 7 million in 2008 to approximately £2 36 million in 2009, and £1 5 million in 2010 There has been a decrease in new build proyects being undertaken locally as a result of the recession which has accounted for the decline in the Company's turnover

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03628856/filing-history/MzA1MzAzMDE1NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03628856

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