# CGM Yorkshire Ltd (07292297)

> Why UK company 07292297 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07292297

- **Status:** Administration ended
- **Administration began:** 2012-05-11
- **Incorporated:** 2010-06-22
- **Location:** Sheffield
- **Industry:** 4521

## Why it went into administration

- Loss-making contracts / project overruns
- Cash flow / liquidity pressure
- Parent or group failure

## From the administrators' statement

CGM Yorkshire Limited operated as a ground-work subcontractor from premises at Whitacre Industrial Park, Huddersfeld

The Company first started to experience financial problems late 2011, as the Company had no work during part of November and December However, the Company managed to obtain contracts late in December to commence in the New Year

One contract in particular from Strategic Team Group would have brought the Company through tts cashflow difficulties with a little assistance from Regency Unfortunately, at the last minute this contract was given to a local sub-contractor

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07292297/filing-history/MzA2MDUwMTQzOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07292297

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