H. B. Projects Limited (03685752): administration
- Status
- Administration ended
- Administration began
- 2023-11-09
- Administrators' firm
- Begbies Traynor
- Formerly
- Capitalimprovements Limited
- Incorporated
- 1998-12-18
- Location
- Leeds
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- HMRC / tax arrears
- Competition / price pressure
From the administrators' statement
Commencement
H. B. Projects Limited (“the Company”) was incorporated on 18 December 1998. The Company initially delivered back of house and warehouse projects for large established businesses such as ASDA Stores Limited (“ASDA”), something the Company was very successful at. One of the Company's directors is a structural engineer by profession and as such the structural elements of the back of house and warehouse projects made him a natural fit for this type of works.
Over the years, the Company developed and extended its back of house works to sales floor works. In addition to this, the Company would regularly tender for small projects local to the Bradford headquarters. The Company opened offices in Bathgate, Scotland in 2010, with a view of establishing a presence in Scotland and securing additional clients. This was a successful step as the Company secured work with large established blue-chip businesses and has continued to add framework agreements with other large blue-chip clients over several years. The development of these framework agreements led to the Company opening a Gatwick office in 2015 initially to deliver works for one established client, with the longer-term goal of establishing a presence for the business in the South of England.
Administrators' statement of proposals (2024-01-09) · Companies House register