Outco Surfacing Limited (06622280): administration
- Status
- In administration
- Administration began
- 2023-01-30
- Administrators
- Howard Smith, Richard John Harrison
- Administrators' firm
- Interpath Advisory
- Formerly
- NMC Surfacing Limited; NMC Surfacing (Southern) Limited; N M C Plant Hire Limited
- Incorporated
- 2008-06-17
- Location
- Leeds
- Industry
- 42110 Construction of roads and motorways
Why it went into administration
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 17 June 2008 and provided road surfacing services, including car park refurbishment and construction.
The Company was based out of leasehold premises in Doncaster, Stevenage and Leeds and employed a total of 54 staff as at the date of appointment, of which 50 were made redundant with immediate effect. Four employees were retained for a short period of time to support the wind-down of the Company.
2.2 —_‘ Funding and financial position of the Company
Administrators' statement of proposals (2023-03-28) · Companies House register