Shaylor Group Limited (04513210): administration
- Status
- Administration ended
- Administration began
- 2019-06-17
- Administrators
- Raj Mittal, Benjamin Neil Jones
- Administrators' firm
- FRP Advisory
- Formerly
- Shaylor Group PLC; Shaylor Group Limited; Shaylor Group PLC
- Incorporated
- 2002-08-16
- Location
- Birmingham
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Parent or group failure
- Bad debts / customer insolvency
- Loss-making contracts / project overruns
- Credit insurance / supplier credit withdrawn
From the administrators' statement
The Company operated as a construction contractor focusing on build and interiors projects, serving clients across the public and private sectors throughout the UK. It is understood that the business was established in 1969 with the Company itself incorporated on 16 August 2002.
The Company traded from premises located at 52-54 Wharf Approach, Aldridge, Walsall WS9 8BX (“the Premises”). The long leasehold of the Premises is owned by the Company’s sole shareholder, SHL. The Company also occupied serviced office space in London to provide a national presence.
Prior to my appointment the Company’s registered address was the Premises.
Administrators' statement of proposals (2019-08-15) · Companies House register