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Hawley Refurbishments Limited (05845128): administration

Status
Administration ended
Administration began
2014-04-22
Administrators' firm
Kallis & Company
Incorporated
2006-06-13
Location
London
Industry
43390 Other building completion and finishing

Why it went into administration

From the administrators' statement

The Company was established on the 13" June 2006 by Mr Terence Parslow Subsequently, Mr Derek Williams, Mr Daryl Bell, Ms Haley Freed, Mr Jason Smith, Mr Anthony Pitchers were appointed as directors of the Company Mr Smith and Mr Pitchers (“the Directors”) are the sole remaining directors

The Company originally operated as a specialist mn commercial property refurbishment More lately, the Company has diversified into luxury residential refurbishments The Company operated from premises at 123 Minories, London, EC3N INT and generally undertook work within the south east of England

Towards the end of 2013, two CCJs were issued against the Company Whilst said CCJs were satisfied by the Company, the Directors found that they were unable to obtain credit with suppliers for material orders required to complete contracts As a result, the Directors were forced to pay cash for materials which had an adverse affect on the Company’s cash flow To compound matters, a CCJ search conducted on the Company by a major customer led to the loss of a contract worth £1,000,000

Administrators' statement of proposals (2014-06-24) · Companies House register

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Hawley Refurbishments Limited (05845128)

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