# Chapman & Pleasance Limited (03712003)

> Why UK company 03712003 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03712003

- **Status:** Administration ended
- **Administration began:** 2014-03-14
- **Incorporated:** 1999-02-11
- **Location:** Norwich
- **Industry:** 41202 Construction of domestic buildings

## Why it went into administration

- Loss-making contracts / project overruns

## From the administrators' statement

The Company was originally a Partnership which traded as building consultants Chapman and Pleasance from Cherry Grove, Wetherup Street, Wetherinsett, Stowmarket, Suffolk, IP14 SQF from 1 November 1992 It was incorporated on 11 February 1999 Its two directors since incorporation have been Mr R Chapman (deceased) and Mr R Pleasance who each held one share

Overall trading over the years has been successful, employing a workforce of 13 including the directors for the most recent years of trading The last filled accounts at 31 October 2012 showed that there were retained profits of £42,708 However those accounts showed that there were overdrawn directors’ loan accounts totaling £244,133

In the lead up to cessation of trading cash flow was becoming increasingly difficult to manage and a number of creditors were taking action against the Company for recovery of their debts

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03712003/filing-history/MzA5ODkyNzUzMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03712003

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