Gresham Land and Estates (Construction) Limited (03811440): administration
- Status
- Administration ended
- Administration began
- 2023-08-31
- Administrators
- Marco Piacquadio, Alan Brian Coleman
- Administrators' firm
- FTS Recovery
- Incorporated
- 1999-07-22
- Location
- Milton Keynes
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
From the administrators' statement
The Gresham Land and Estates (Construction) Limited (“the Company") on 22 July 1999 and commenced trading as a construction Company which undertook work on mainly telecommunications infrastructure. The business is a leading 1% and 2"4 tier contractor that often undertakes large scale roll out programmes to the mobile telecommunications sector. Furthermore, it acts as a one stop shop for street works to include traffic management, electrical and rigging.
The Company has been trading for 20 years and therefore, has an extensive knowledge in the field, having nationally built thousands of rooftops, greenfield and street-work sites on Vodaphone, 3-UK, EE and O2 networks.
In more recent years the Company had the ability to manage projects from start to completion by subcontracting out various roles, they were able to provide a complete stress-free service to is existing/new client base. The Company also offered other services to include, but not limited to, decommissioning, project management, temporary masts and tower surveys.
Administrators' statement of proposals (2023-09-23) · Companies House register