MJ Evans Specialist Builders Ltd (04294578): administration
- Status
- Administration ended
- Administration began
- 2012-05-28
- Formerly
- MJ Evans General Builders Limited; Stoneygate 23 Limited
- Incorporated
- 2001-09-27
- Location
- London
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Rising costs / inflation
- Energy costs
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 27 September 2001 in the name of Stoneygate 23 Limited before changing Its name to MJ Evans General Builders Limited on 5 November 2001 and then finally on 4 August 2010 to MJ Evans Specialist Builders Limited
Upon incorporation and indeed for the first three years of trading Michael Evans was the sole director of the company until June 2004 when Mr Philip Gill was appointed as director Mr Gill benefitted from many years of experience in the contruction industry which complemented Mr Evans mangement skills and togther they were confident that they could continue to build on the success acheived during the first three years of trading
The business was primarily funded by directors loans in the sums of approximately £140,000 provided by Mr Evans, and £10,000 from Mr Gill Mr Gill also personally guaranteed a further investment of £100,000 through a third party
Administrators' statement of proposals (2012-07-24) · Companies House register