# Maguire Concrete Limited (07165405)

> Why UK company 07165405 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07165405

- **Status:** Administration ended
- **Administration began:** 2022-08-18
- **Administrators:** Clive Morris
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2010-02-23
- **Location:** Preston
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- COVID-19
- Creditor pressure / legal action

## From the administrators' statement

Secretary, and Shareholders is provided at Attachment B.

3.1 As detailed above, creditor |evel began to rise and various creditors began to issue

threats of enforcement action. Although turnover had increased by 53% from 2020 to 2021, the cost of sales and administrative expenses remained high which impacted margins and further reduced the Company's ability to pay liabilities.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07165405/filing-history/MzM1NDY0Mjc0NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07165405

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