Collins Building Solutions Ltd (06577240): administration
- Status
- Administration ended
- Administration began
- 2021-05-19
- Formerly
- Collins Plastering & Tiling Ltd
- Incorporated
- 2008-04-28
- Location
- Altrincham
- Industry
- 43390 Other building completion and finishing
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Weather / natural events
From the administrators' statement
The Company was incorporated as Collins Plastering & Tiling Ltd on 28 April 2008 changing its name to Collins Building Solutions Ltd (“the Company”) on 29 January 2013. It commenced trading as building contractors undertaking work in both the private sector and public sector. The Company also operated under the trading name Home Squad, primarily for its kitchen and bathroom contracts work.
On incorporation, the directors were Gareth Collins, Deborah Collins and Neville Collins. Both Deborah Collins and Neville Collins resigned as directors on 15 August 2015.
The Company was initially funded by monies advanced against the director’s home and by way of banking facilities provided by Svenska Handelbanken AB who were granted a debenture in relation to the Company’s borrowings. The Company utilised these banking facilities until 2016 when the Company moved its banking to Santander UK ple.
Administrators' statement of proposals (2021-07-15) · Companies House register