Dunnettcraven Limited (05318911): administration
- Status
- Administration ended
- Administration began
- 2022-11-07
- Administrators
- Andrew Little, Gillian Margaret Sayburn
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2004-12-22
- Location
- Newcastle upon Tyne
- Industry
- 71129 Other engineering activities
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
- COVID-19
From the administrators' statement
The Company was a master planning, design and architecture practice with significant exposure to European projects. The Company had undertaken work in the Netherlands for a number of years. Previous built projects include a shopping centre in Milan, a masterplan in Furth, Germany, and a street of restaurants in Leicester.
The company had traded for 17 years having been formed in 2004 and commenced training in 2005. The Company had a small number of regular clients whom they had dealt with for a considerable time.
As a result of Covid-19, and the consequent impact on building projects and future planning and design work, the Company suffered a significant fall in revenue. Turnover in the year ended 31 December 2019 was £2,149,472 with a profit before tax of £653,234. In the year ended 31 December 2020, turnover was £1,534,700 with a profit before tax of £603,380. Turnover fell again in the 2021 year end to £766,719 with losses before tax of £146,485. In the year to 31 December 2022 the turnover was expected to be £673,000 with significant losses.
Administrators' statement of proposals (2022-12-13) · Companies House register