GWKS Ltd (05704709): administration
- Status
- Administration ended
- Administration began
- 2023-06-13
- Administrators
- Lucy Winterborne, Daniel Christopher Hurd
- Administrators' firm
- EY
- Incorporated
- 2006-02-10
- Location
- Bristol
- Industry
- 43120 Site preparation
Why it went into administration
- Rising costs / inflation
- COVID-19
- Sustained trading losses
- Supply chain disruption
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 10 February 2006 and was a contracting business principally focused on construction site preparation and groundworks. The Company operated throughout the South-West region of the UK.
On 1 February 2017, Gworks Surfacing Limited (“Gworks Surfacing") was incorporated and the Company acquired an 80% shareholding in it. Gworks Surfacing commenced trading shortly thereafter.
The Group’s head office was based in Bridgewater, Somerset but the majority of its staff were working across live construction sites within the South-West of the UK.
Administrators' statement of proposals (2023-08-15) · Companies House register