# Hayward & Barrett Civil Engineering & Construction Ltd (06631962)

> Why UK company 06631962 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06631962

- **Status:** Administration ended
- **Administration began:** 2013-04-02
- **Administrators:** Alan John Clark
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2008-06-27
- **Location:** Iiford
- **Industry:** 42990 Construction of other civil engineering projects n.e.c.

## Why it went into administration

- Sustained trading losses
- Competition / price pressure
- Weather / natural events

## From the administrators' statement

On 27 June 2008 the company was incorporated and commenced trading immediately as a groundwork and civil engineering company.

The company traded satisfactorily for many years working on a sub contractor basis. However over the last 12 months the director's have noticed that the market has become ultra competitive and contracts have become more difficult to gain. Not only has new work been harder to achieve but difficulties in agreeing final accounts on contracts has led to the company accepting less than due just to bring cash into the company.

During early 2013 the poor weather conditions experienced across the country stopped the undertaking of any work for a number of months. With no funds coming into the company during this period lrabilities started to accrue.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06631962/filing-history/MzA3OTI5MjIwMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06631962

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.