Veritas Contracting Limited (05548451): administration
- Status
- Administration ended
- Administration began
- 2013-10-25
- Administrators
- Imogen C Davidson
- Administrators' firm
- Lovell Partnership
- Incorporated
- 2005-08-30
- Location
- Manchester
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated in August 2005 by Patrick Carton and Brian Neal (‘the Director’) and commenced trading immediately Prior to incorporation, the Director and Mr Carton had in excess of 25 years experience in the construction industry and 6 years experience specifically in groundwork sub-contracting
The Company specialised in groundwork which encompassed foundations, drainage, ducting and external works including roads, car parks and paving Contracts were in both the private and public sector varying in size up to £750,000 for national and regional contractors Business was generated initially through contacts within the industry and later by word of mouth and repeat business
The start-up costs of the Company were relatively low as existing contacts with suppliers willing to extend credit were utilised The Director introduced approximately £15,000 into the Company
Administrators' statement of proposals (2013-12-24) · Companies House register