# Waycon Precast Holdings Limited (06703660)

> Why UK company 06703660 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06703660

- **Status:** Administration ended
- **Administration began:** 2020-02-13
- **Administrators:** Miles Needham, Simon Peter Carvill-Biggs
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2008-09-22
- **Location:** St Albans
- **Industry:** 64209 Activities of other holding companies n.e.c.

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action

## From the administrators' statement

The Company was a holding company, acting as a parent company and landlord to Waycon Precast Limited, which operated as a manufacturer of precast concrete structures.

The Company benefitted from rental income and dividend income from Waycon Precast Limited but did not trade.

The Company’‘s purchase of the land at Rockbeare Quarry, near Exeter was partly funded through a commercial mortgage provided by Lloyds. The Company aiso provided a cross-guarantee to Growth Street for the borrowings of Waycon Precast Limited.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06703660/filing-history/MzI2Mjk3NjYzN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06703660

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