B.E. Stone Products Ltd (06768705): administration
- Status
- Administration ended
- Administration began
- 2014-01-21
- Administrators
- Kevin Gerald Murphy, Andrew Poxon
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2008-12-09
- Location
- Manchester
- Industry
- 23700 Cutting, shaping and finishing of stone
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
The Company was incorporated in December 2008 however only began tradng in September 2010 following the purchase of the business and assets of BE Marble & Granite (Fabncations) Limited - In Administration The previous insolvency was administered by Baker Tilly The director and shareholder since incorporation has been Mr William Charles Evans
The Company had a long established trade in kitchen worktops, sold both to the general public and through kitchen design and installation companies tn recent years the Company, through market forces driven by the economic downturn, had to diversify into commercial projects, with approximately 25-30% of its recent turnover being as a main sub-contractor fitting out commercial premises, hotels and restaurants The Company was established with a number of main contractors within this field working across the country to complement the traditionally core domestic market
The Company operated from leasehold premises at Graig Lelo Quarry, Bryn Sath Marchog, Corwen, Denbighshire LL21 9RY
Administrators' statement of proposals (2014-03-04) · Companies House register