# Fieldcrown Special Works Limited (04120979)

> Why UK company 04120979 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04120979

- **Status:** Administration ended
- **Administration began:** 2012-06-26
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2000-12-07
- **Location:** London
- **Industry:** 41100 Development of building projects

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses

## From the administrators' statement

Director's history of the Company

The Company was incorporated by Rene Hawkins in January 2001 as a sister company to Fieldcrown Construction Ltd (“FCC”) FCC was a profitable brick/blockwork and masonry contractor to the commercial construction industry In order to meet customer demand, the Company was incorporated to provide a home improvement and a small works general builder service to the public sector

Initial funding was provided by Mr Hawkins and FCC Major funding changes took place in 2008 when the share capital was shared 30/70% between Mr Hawkins and Mr lain Hutchinson, who was Managing Director of the Company Some years later a bank overdraft was introduced as a means of providing the Company with further working capital

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04120979/filing-history/MzA2Mjg3NDExMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04120979

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