JKB Shopfitting Ltd (03691027): administration
- Status
- Administration ended
- Administration began
- 2018-10-10
- Administrators
- David Robert Acland, Lila Thomas
- Administrators' firm
- FRP Advisory
- Formerly
- JKB Contract Interiors Ltd.
- Incorporated
- 1998-12-31
- Location
- Preston
- Industry
- 43320 Joinery installation
Why it went into administration
- Bad debts / customer insolvency
- Sustained trading losses
- Creditor pressure / legal action
- Brexit
From the administrators' statement
The Company was incorporated in 1998 and specialised in the design, manufacture and installation of shop fit-outs, contracting nationally to many refurbishing companies whose customers include national prime retailers and lelsure complexes. Prior to incorporation the Company had previously operated as a Partnership under the control of Keith Bottomley (‘KB’) and Anne Dinsdale (“AD”).
The Company originally traded from Waterford Street, Nelson (premises owned by the former directors) before moving to larger leasehold premises at Unit 4, Valley Mills, Southfield Street, Nelson in 2011.
Historically the Company traded profitably, achieving turnover in excess of £3,000,000 year on year. The 2015 accounts, detailed turnover of £3,479,419 with pre-taxation profits of £112,585. In 2016, turnover reduced by over £350,000 and a pre-taxation loss of £90,523 was incurred.
Administrators' statement of proposals (2018-12-14) · Companies House register