Hawke Industries Limited (07099799): administration
- Status
- Administration ended
- Administration began
- 2013-09-24
- Administrators' firm
- FRP Advisory
- Incorporated
- 2009-12-09
- Location
- London
- Industry
- 70100 Activities of head offices
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
The Company started trading in 2009 having acquired three companies, Crownfield Engineering Limited, Biddlecome Engineering Limited and the business and assets of Robert Keen Limited, It traded from three leasehold premises in Totton, Chelmsford and High Wycombe. There are three current directors, being Jason Hawke, Colin Biddlecome and Rod Mcloughlin.
The Company's management accounts for 2012 disclose turnover of £5 2m and a EBITDA of £216k The directors advised that trading in the first few months of 2013 was very poor and the Company incurred significant costs downsizing the High Wycombe site
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Administrators' statement of proposals (2013-11-14) · Companies House register