# APH Builders Limited (06735553)

> Why UK company 06735553 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06735553

- **Status:** Administration ended
- **Administration began:** 2012-02-17
- **Administrators:** David Richard Thorniley
- **Administrators' firm:** Traverse Advisory
- **Incorporated:** 2008-10-28
- **Location:** Tunbridge Wells
- **Industry:** 41100 Development of building projects

## Why it went into administration

- Cash flow / liquidity pressure
- Sustained trading losses

## From the administrators' statement

In 2011 the Company experienced increased trading difficulties arising from increased overheads, in particular fuel, insurance and maternal costs Cash flow pressures were compounded by reduced margins on contracts, late payments from debtors, and postponements and cancellations on the order book because of the uncertain nature of the economy

By January 2012 the Company was on stop with a number of Its key suppliers, and had taid off a number of employees, and had reached a position where there was no more cash in the business

On 6 February 2012 an application for the appointment of an Administrator was made by the director, pursuant to Paragraph 22 of Schedule B1 of the Insolvency Act 1986, and on 17 February 2012 | was appointed Administrator

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06735553/filing-history/MzA1NTg5MDM3N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06735553

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