Blair Installations Limited (03936732): administration
- Status
- Administration ended
- Administration began
- 2018-08-31
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2000-02-29
- Location
- Sheffield
- Industry
- 43210 Electrical installation
Why it went into administration
- HMRC / tax arrears
- Bad debts / customer insolvency
- Loss-making contracts / project overruns
- Cash flow / liquidity pressure
From the administrators' statement
Blair Installations Limited (“the Company”) was incorporated on 29 February 2000 by Stephen Blair who had previously traded as a sole trader since 1992. The Company engages in the provision of electrical installation services as a sub-contractor to main contractors. The Company operated from leasehold premises. Over the following years, the Company grew steadily.As contracts increased in size the Company took out a £50,000 overdraft facility with the bank which was personally guaranteed by the Director, Stephen Blair. The annual turnover of the Company increased steadily up to £2.4m to £3m with work carried out mainly for local contractors carrying out public sector contracts.
In 2013 the Company started working on a hotel refurbishment for HC Contractors Limited. Numerous contracts were successfully completed and the Company was awarded the Palace Hotel contract in Manchester in the summer of 2015.
The Company first began experiencing payment problems from HC Contractors Limited in August 2016. At this time £230,000 was owed to the Company which was made up of contract retentions and ongoing works. HC Contractors Limited went into liquidation on 14 November 2016 owing the Company £165,000.
Administrators' statement of proposals (2018-10-17) · Companies House register