B & B Steelworks Limited (06754590): administration
- Status
- Administration ended
- Administration began
- 2012-07-06
- Administrators' firm
- Elliott of Cowgill Holloway Business Recovery
- Incorporated
- 2008-11-20
- Location
- Bolton
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 20 November 2008 as part of a group of companies including B & B Bridges Limited and B & B Group Limited (together the Group) and its principal activity was that of fabrication and erection of structural steelwork for building structures However, the Company did not commence trading until 1 April 2009 having obtained a significant contract with Nuvia (formerly British Nuclear Fuels) to construct an
R&D rig for processing low grade nuclear waste
The Company traded profitably in its first year and at year ended 31 March 2010 reported turnover of £1,033,029 with profit before tax of £86,390
Administrators' statement of proposals (2012-08-30) · Companies House register