Speedclad Limited (06492516): administration
- Status
- Administration ended
- Administration began
- 2022-08-16
- Administrators
- James Ronald Lumb, Howard Smith
- Administrators' firm
- Interpath Advisory
- Incorporated
- 2008-02-04
- Location
- Newcastle upon Tyne
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- COVID-19
- Sustained trading losses
- Rising costs / inflation
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 4 February 2008 and operated as a designer, supplier and installer of cladding, curtain and glazed facades to the construction industry across the UK.
The Company operated from two freehold premises at:
Thurston House, Thornfield Business Park, Standard Way, Northallerton, DL6 2XQ (‘Thurston House’); and
Administrators' statement of proposals (2022-10-03) · Companies House register