Stuart Decorating Contractors Limited (06012262): administration
- Status
- Administration ended
- Administration began
- 2012-11-30
- Administrators
- John Anthony Lowe, Mary Ann Currie-Smith
- Administrators' firm
- Begbies Traynor
- Formerly
- Skycarp Limited
- Incorporated
- 2006-11-28
- Location
- Meridian Business Park
- Industry
- 4545
Why it went into administration
- HMRC / tax arrears
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated in 2006 as Skycarp Limited, a subsidiary of DSW Holdings Limited (‘DSW’) The name was subsequently changed to Stuart Decorating Contractors Limited (“Stuarts” or “the Company’) and commenced trading on 24 August 2007
The principal activity of the Company was the provision of painting, decorating and general maintenance services to the construction industry in Leicestershire and adjoining counties
The Company commenced trading from leasehold premises at 66-70 Sanvey Gate, Leicester, LE1 4BQ, which are owned by DSW, with 15 employees and between 40-50 labour only sub-contractors David Wood has been a director of Stuarts since 2006 Initial funding for Stuarts comprised of £2 share capital and £25,000 inter-company loan from DSW The loan has been repaid in full
Administrators' statement of proposals (2013-01-30) · Companies House register