B&T Building Services Limited (05121234): administration
- Status
- Administration ended
- Administration began
- 2011-11-07
- Administrators
- Stephen Berry
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2004-05-06
- Location
- 18 Lloyd Street
- Industry
- 4545
Why it went into administration
- Rising costs / inflation
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated in May 2004 and commenced to trade immediately with inital set up costs met using funds injected by Neil Bowden and Peter Thomas (‘the Directors”)
The Company provided building services to major contractors, specialising in pipework installation These contracts were obtained through the Directors’ contacts within the construction industry and through word of mouth
Trade progressed well, with the Company gaining a reputation for high quality work and as a result continued to secure high value contracts
Administrators' statement of proposals (2011-12-28) · Companies House register