The Big Basement Co. Limited (04124701): administration
- Status
- Administration ended
- Administration began
- 2012-02-10
- Administrators
- Francis F A Wessely, Peter James Hughes-Holland
- Administrators' firm
- RSM
- Incorporated
- 2000-12-13
- Location
- Marlow
- Industry
- 4521
Why it went into administration
- Weather / natural events
- HMRC / tax arrears
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
The narrative immediately below has been produced from statements provided by a Company Director Creditors should note therefore that neither the Joint Administrators nor RSM Tenon Recovery accept any responsibility for any inaccuracies contained therein
The Big Basement Company Limited was founded in 2001 by Mr John Joe Greene and Michael Ignatious Skehill The company specialized in creating basements under existing dwellings, primarily for the residential! market but the work did include commercial and schools tn the recent past The two directors were 50/50 shareholders and continued working in the business until closure
The company moved into offices with on-site storage at Trussley Works in Hammersmith in 2003 and the company’s turnover grew from approximately £1 million to £4 million in the following years and it traded profitably In 2008/9 the company was forced to move out due to redevelopment and they moved to bigger premises in Dukes Road, Acton
Administrators' statement of proposals (2012-04-12) · Companies House register