Pike Partnership Limited (04904404): administration
- Status
- Administration ended
- Administration began
- 2020-03-13
- Administrators
- Marco Piacquadio, Julie Anne Palmer
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2003-09-18
- Location
- Salisbury
- Industry
- 41100 Development of building projects
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Cash flow / liquidity pressure
- Brexit
From the administrators' statement
The business was initially formed as a partnership in 1974 and traded as an architectural design practice in Norfolk. The partners had extensive experience in the industry having previously worked for Lambert Scott and Innes and Purcell Miller and Tritton, which were large practices in Norwich.
The nature of the work carried out by the business varied in contents and size, from innovatory farm complexes and abattoirs, through to universities, commercial housing, leisure facilities and ice rinks. The value of the contracts varied from approximately £30,000.00 to £6,000,000.00.
Since 1997, the practice has also run a design and build department with projects varying from barn conversions, new houses, flats, offices, shops and commercial housing. The value of these contracts typically ranged between £50,000.00 to £1,500,000.00.
Administrators' statement of proposals (2020-05-05) · Companies House register