GB Building Solutions Limited (05419658): administration
- Status
- Administration ended
- Administration began
- 2015-03-09
- Administrators
- Francis Graham Newton, Antony David Nygate
- Administrators' firm
- BDO
- Formerly
- Gleeson Building Limited; Choqs 448 Limited
- Incorporated
- 2005-04-11
- Location
- Liverpool
- Industry
- 41100 Development of building projects
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Loss-making contracts / project overruns
From the administrators' statement
2.1 GBGH and GBBS were incorporated on 29 December 2006 and 11 Apn{ 2005 respectively GBGH’s principal activities
2.2 GBGH operated as the ultimate holding company for the GB Group (‘the Group’) GBGH managed the Group but did not conduct a trade
2.7
Administrators' statement of proposals (2015-05-12) · Companies House register