BPG Sports Ground Contractors Limited (04747340): administration
- Status
- Administration ended
- Administration began
- 2012-12-05
- Formerly
- BGP Sports Ground Contractors Limited
- Incorporated
- 2003-04-29
- Location
- Oldham
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
From the administrators' statement
The Company was established in 2003, by director and shareholder Mr Bryn Winston The principal activity of the company was that of sports ground mamtenance, building and drainage work
The business proved successful, with it being profitable over a number of consecutive years up to the last accounts to 30 April 2011
A contract was entered into with Woodley Sports Centre Limited in June 2011, for improved stadium and community facilities at Woodley Sports Centre By November 2012, disputes had arisen on the contract and the final payment due had not been made The company started to expenence cash flow problems as a result, and made several attempts to reach an agreed settlement. Despite these attempts, final payment was not received
Administrators' statement of proposals (2013-02-05) · Companies House register