Sleaford Plant Hire Limited (04389161): administration
- Status
- Administration ended
- Administration began
- 2011-10-17
- Incorporated
- 2002-03-07
- Location
- Bingham
- Industry
- 4525
Why it went into administration
- Competition / price pressure
From the administrators' statement
The company was incorporated on 7 March 2002 and remained dormant for several years Following the commencement of trading in 2005 the company undertook various small construction contracts and provided a plant hire service
During the financial year to 31 March 2008 the company took on the business of Baker Coldstore Construction, an unincorporated business owned by the present director, which increased annual turnover by approximately £1 5 million.
At this stage the company constructed cold stores although the business has subsequently developed and in recent years the company has traded principally as a composite panel installer operating as a sub contractor on projects throughout the UK.
Administrators' statement of proposals (2011-12-20) · Companies House register