Minshall Construction Limited (06791706): administration
- Status
- Administration ended
- Administration began
- 2015-03-02
- Administrators' firm
- FRP Advisory
- Incorporated
- 2009-01-14
- Location
- Birmingham
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss-making contracts / project overruns
- Sustained trading losses
From the administrators' statement
The business initially commenced trading as a partnership of Adam and Nicholas Minshali (“the Partnership”) and then subsequently incorporated in 2009 The Company traded successfully as a suppher of agricultural steel buildings and steelwork to the agricultural, industrial and commercial sectors. The Company operated from five leasehold sites based in Market Drayton and had a loyal and experienced workforce employing approximately 97 members of staff.
The Directors advised that turnover had decreased dramatically in the final few months of trading due to a number of loss making contracts, in particular within the struggling agricultural sector, and they were also experiencing creditor pressure from their main suppliers ce to cash flow constraints
ERP Adhasory LLP 1s Incorporated in Englane ono Woles under the Limite Liobli, Panne ships ct 2000 as @ Lined “ability Potrersno Ponnertsiie Number OCS55683
Administrators' statement of proposals (2015-04-14) · Companies House register