Crossley Webb Contracts Limited (04475924): administration
- Status
- Administration ended
- Administration began
- 2022-04-11
- Administrators
- Louise Longley, Robert Alexander Henry Maxwell
- Administrators' firm
- Begbies Traynor
- Formerly
- Athnowen Limited
- Incorporated
- 2002-07-02
- Location
- Leeds
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- COVID-19
- Supply chain disruption
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
From the administrators' statement
Founded in 2002, the Company specialised in the manufacture of a range of custom fixtures and fittings products such as doors and cabinets. The original shareholders were John Crossley and David Webb. Jill Howarth and Paul Holden became shareholders in 2003. At this time, David Webb exited the business leaving the remaining three shareholders. The Company traded profitably for approximately 10 years, until the end of 2011 when Jill Howarth and John Crossley left the business. To continue trading, Paul Holden downsized the business and became the sole owner of Crossley Webb Holdings Limited, a parent entity of the Company.
Following a further period of sustained growth and profitability having built the business back to its original size, in 2017, the Company moved to its current trading premises in Elland, Halifax. At this stage, the Company had its offices and manufacturing base spread across three rented buildings on a single site and employed 10 members of staff.
In 2017, an initial three-year contract was entered into with Bannatyne Gyms to refurbish gyms across the country. This contract represented a significant proportion of the Company's trading until orders were placed on hold and ultimately terminated by the customer shortly after the first year.
Administrators' statement of proposals (2022-04-19) · Companies House register