U - Spec Limited (04997058): administration
- Status
- Administration ended
- Administration began
- 2019-07-30
- Administrators
- Darren Brookes, Molly Monks
- Administrators' firm
- Milner Boardman Partnership
- Formerly
- Lapwing Estates Limited
- Incorporated
- 2003-12-16
- Location
- Hale
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Brexit
- Competition / price pressure
From the administrators' statement
Creditors should note that, unless otherwise stated, this section (together with section 3), of our proposals has been prepared based on information provided to us by the director of the Company and not from our personal knowledge as Joint Administrators.
The Company was incorporated on 16 December 2003 and commenced trading on 1 June 2004. The principal business activity of the Company was fabricators of insulation materials.
The Company has always traded from leasehold premises at M and D Business Park, Burtonhead Road, St. Helens, WA9 SEA. The landlord is an associated company, Mark Daly Properties Limited (“MMDPL”).
Administrators' statement of proposals (2019-08-14) · Companies House register