# Blackpath Construction Ltd. (06945060)

> Why UK company 06945060 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06945060

- **Status:** Administration ended
- **Administration began:** 2012-04-20
- **Administrators:** Kelly Burton, Lisa Jane Hogg
- **Administrators' firm:** Wilson Field
- **Formerly:** Jetaire (NE) Limited
- **Incorporated:** 2009-06-26
- **Location:** Sheffield
- **Industry:** 4521

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure

## From the administrators' statement

The 3 directors formed Jet Aire (NE) Ltd in June 2009 The Company undertook drain cleaning contracts Initially, it was profitable however it soon began to experience cashflow difficulties

Therefore in February 2011 the the 3 directors (Charlie Kirk, Tony Ward and Kevin Fenley), along with an employee invested additional finance to aid the cashflow

Shortly after this, Charke Kirk refused to invest the agreed level of funding and gave the other directors an ultimatum, either he would put the Company into a form of insolvency or he would resign

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06945060/filing-history/MzA1OTE3NTUwNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06945060

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