PGC Contractors Limited (04468613): administration
- Status
- Administration ended
- Administration began
- 2013-07-17
- Incorporated
- 2002-06-25
- Location
- London
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Property / lease costs
- Cash flow / liquidity pressure
From the administrators' statement
PGC Contractors Limited (“the Company”) was incorporated on 25 June 2002 and carned out the trade of Groundworks and Civil Engineering Contractors from premises at 1* Floor, 2 Cobalt Centre, Siskin Parkway East, Coventry The Company was purchased in February 2013 by C J Haughey Group Limited who, at that time, also became the Company’s sole shareholder
When the Company was purchased from the previous shareholders, vartous statements had been made by them to the effect that it was a profitable busmess, with approximately £2 4million worth of work already offered and further prospects of orders being placed, from contractors who
were regular clients and for which the Company had already tendered for works involved
Administrators' statement of proposals (2013-09-12) · Companies House register