# Ashcroft Construction Limited (04179907)

> Why UK company 04179907 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04179907

- **Status:** Administration ended
- **Administration began:** 2012-03-02
- **Administrators' firm:** DL Partnership
- **Incorporated:** 2001-03-15
- **Location:** Halifax
- **Industry:** 4521

## Why it went into administration

- Cash flow / liquidity pressure
- Property / lease costs
- Loss-making contracts / project overruns

## From the administrators' statement

The Company was incorporated on 15 March 2001 and commenced to trade on 1 june 2001. The directors upon incorporation were Mr Paul Mollet and Mr Cart Barber with Mr John Mather being appointed as a director on 1 January 2002. The Company’s principal activity was general construction mainly within the commercial and industrial sectors.

Working capital was snitially provided by Mr Mather in return for a third of the Company’s shareholding although within the first few weeks of trading, the Company became self financing and Mr Mather was repaid in full. Mr Mather later resigned as director on 18 August 2005 with his shares being re-purchased by the

Company.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04179907/filing-history/MzA1Njg1NzEwMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04179907

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