Chris Marley Tunnelling Ltd (07049821): administration
- Status
- Administration ended
- Administration began
- 2013-09-23
- Administrators' firm
- Turners Accounting & Business Solutions
- Incorporated
- 2009-10-20
- Location
- Manchester
- Industry
- 42130 Construction of bridges and tunnels
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company, which commenced trading in October 2009 operated as a civil engineering subcontractor, specialising in shaft sinking, deep drainage, tunnelling and timber headings generally within the water and gas industnes The sole Director and Shareholder, Mr Christopher Marley, had more than 25 years’ expertence of contracting, primarily in tunnelling and deep drainage works = In addition to its subcontract works the Company also provided specialist subcontract plant hire ~The majority of the Company's work was generated from a small number of existing customers by way of repeat business
In March 2013, the Company commenced a contract with Morgan Sindall Ple (“MS”) for the construction of a deep sewer diversion as part of the development of Ravenside Retail Park, Chesterfield (“the Ravenside Contract’) During 2013, the Company also worked on contracts with Wessex Water Services Ltd (“Wessex Water’) and Volker Stein Limited (“Volker Stein”)
The original estimated value of the Ravenside Contract was £259,700 plus VAT and CIS MS commissioned site Investigation boreholes, which they noted as preliminary and which formed the basis of the tender indicating that the ground conditions at tunnel level were weak, uncemented, thinly bedded sandstone
Administrators' statement of proposals (2013-11-21) · Companies House register