Castle Construction (Yorkshire) Limited (05415836): administration
- Status
- Administration ended
- Administration began
- 2014-07-07
- Administrators' firm
- CG&Co
- Formerly
- Northend Consultants Limited
- Incorporated
- 2005-04-06
- Location
- Manchester
- Industry
- 43390 Other building completion and finishing
From the administrators' statement
We were approached by Mr P Spenceley, the sole director of the Company, on 20 June 2014 Mr Spenceley was recommended to CG&Co by a major creditor who had threatened to petition for the winding-up of the Company, which resulted in a meeting being held at The Marriott Hotel, Manchester Airport on 20 June 2014 and then a further meeting at the Company's premises at Construction House, 16 York Place, Scarborough, North Yorkshrre, YO11 2NP on 26 June 2014 to discuss the Company's financial position At these meetings discussions took place and Mr Spenceley advised that he was no longer in a position to meet the Company's liabilities as they fell due As a result of this discussion and subsequent discussions tn relation to the potential realisation for the WIP/Goodwill in the Company's existing contracts Mr Spenceley was advised that the Company should consider an administration Mr Spenceley confirmed that a company associated with him would acquire certain of the Company's chattel assets and the WIP/Goodwill in the Company's existing contracts enabling the Joint Administrators to be comfortable that they would be able to achieve a better realisation in respect of these assets than would …
Joint Administrators’ Report and Statement of Proposats
The Notice of Intention to appoint an administrator by company or director(s) was filed in Court on 27 June 2014 and sent to the secured creditors
Administrators' statement of proposals (2014-09-04) · Companies House register