Castleoak Offsite Manufacturing Limited (06495499): administration
- Status
- Administration ended
- Administration began
- 2021-10-28
- Administrators
- William James Wright, Howard Smith
- Administrators' firm
- Interpath Advisory
- Formerly
- Castleoak Timber Frame Limited
- Incorporated
- 2008-02-06
- Location
- London
- Industry
- 16230 Manufacture of other builders' carpentry and joinery
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
- Brexit
From the administrators' statement
The Company was incorporated in February 2008 and manufactured timber frame installations which were primarily for its intra-group client Castleoak Care Partnerships Limited.
The Company traded from a leasehold premises at Rassau Industrial Estate, Ebbw Vale and at the date of our appointment had four statutory directors - Paul Foster, Andrew Duggan, Colwyn Knight and Robert Smith.
Prior to the administration, the Company employed 14 staff. On 25 October 2021, the Directors resolved to make 12 employees redundant. The Company's remaining two employees were made redundant shortly after our appointment.
Administrators' statement of proposals (2021-12-08) · Companies House register