Britannia Contracting Limited (05965548): administration
- Status
- Administration ended
- Administration began
- 2012-08-10
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2006-10-12
- Location
- Southampton
- Industry
- 41100 Development of building projects
Why it went into administration
- Creditor pressure / legal action
- Loss-making contracts / project overruns
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
The Company was incorporated in 2006, and operates from premises at Unit 5 Winchester Place in Poole
The Company s a construction contractor, working for a vanety of developers, and main contractors pnmanly undertaking bespoke luxury construction in Hampshire and Dorset The Company's financial history & summansed below
212. . a0). 2000 ~~ 2009 =~ ~C~*~SC “PIE10 Aug © ~ YIE31’Dec ~ “YIE31 © Y/E31Dec YIE 34 Dec . ~ - Dec , a . oo
Administrators' statement of proposals (2012-09-18) · Companies House register