Laboursite Group Ltd. (04600083): administration
- Status
- Administration ended
- Administration began
- 2011-04-14
- Administrators
- David Harry Gilbert, Martha Hanora Thompson
- Administrators' firm
- BDO
- Formerly
- Laboursite Environmental Ltd.; Environmental First Limited
- Incorporated
- 2002-11-25
- Location
- London
- Industry
- 4525
Why it went into administration
- Sustained trading losses
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Regulatory change or action
From the administrators' statement
The Company was mcorporated on 25 November 2002 as Environmental First Limited, however, it remained dormant until it purchased the business and assets of Laboursite Limited from its Administrators and commenced trading as Laboursite Group Limited in January 2006
The principal trading activity was the supply of contract labour to the construction and rait industry, and the Company operated out of leasehold premises in Birmingham, London, Brighton, Maidstone, and the head office situated in High Wycombe
The Financial Statements for the year to 31 March 2008 show that the Company achieved turnover of £28,051,485, however, this resulted in a net loss of £783,228
Administrators' statement of proposals (2011-06-10) · Companies House register