# FHL 2017 Limited (05801493)

> Why UK company 05801493 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05801493

- **Status:** Administration ended
- **Administration began:** 2017-04-10
- **Administrators:** Gordon Smythe Goldie, Andrew D Haslam
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Fendor Holdings Limited; Fendor Limited; Norham House 1074 Limited
- **Incorporated:** 2006-04-29
- **Location:** Newcastle upon Tyne
- **Industry:** 25120 Manufacture of doors and windows of metal

## Why it went into administration

- Creditor pressure / legal action
- Regulatory change or action

## From the administrators' statement

In the autumn of 2016, the sole director, CD, was diagnosed with a serious illness and therefore had to undergo significant surgery and additional treatment, leading to him spending some three months out of the business. Despite a positive prognosis, his recovery period has become extended leading to a more lengthy time away from the business than expected. Prior to his enforced absence from the Companies, CD was an extremely hands on and knowledgeable Managing Director, and the loss of him as a driving forced did leave the management team with a significant knowledge and time gap.

Whilst the Companies were managing the loss of CD, it was also found that a number of issues had arisen regarding workmanship on a major site and a dispute arose with a sub-contractor, resulting in the sub-contractor being removed from site. A claim and counter-claim arose and FL sought legal advice regarding the merits of the claim. Following this advice, which was favourable, the dispute entered an adjudication process, but the advice the Company received was positive and an outcome in FL’s favour was expected, with a claim for some £400,000 of costs expected to be received.

However, the adjudicator not only found that the FL's claim had to be rejected, but that a counter claim of £200,000 was found against FL had to be accepted. Therefore, FL found that not only had it now expended an additional £400,000 on remedial costs, not only was this now not recoverable, but an adverse claim was found to be payable, leading to a combined loss of £600,000.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05801493/filing-history/MzE3NDQzODQyMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05801493

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.