K & F Contracting Limited (05269253): administration
- Status
- Administration ended
- Administration began
- 2022-07-18
- Administrators' firm
- Wilkes Partnership Solicitors
- Formerly
- K & F Contracting (Electrical) Limited; K & F Contracting Limited
- Incorporated
- 2004-10-25
- Location
- Northampton
- Industry
- 43210 Electrical installation
Why it went into administration
- Rising costs / inflation
- Loss-making contracts / project overruns
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the directors of the Company and not from my personal knowledge as Administrator.
The Company was established in 2004 as an electrical services provider to the construction industry and enjoyed successful trading with turnover growing year on year. In 2012, approaches were received from builders to set up a plumbing division as a result of reliability issues in the industry.
This was subsequently set up by the directors who were able to grow the plumbing services to the point where it overtook the electrical services as the largest and most profitable division of the business. Such was its success that the Company soon secured contracts for its plumbing services with a number of nationwide building firms. Growth continued to the point where turnover reached £6 million per annum employing up to 65 members of staff with a constant site base of approximately 18 sites.
Administrators' statement of proposals (2022-09-14) · Companies House register