Eclipse Building Contractors Limited (07448843): administration
- Status
- Administration ended
- Administration began
- 2014-12-05
- Incorporated
- 2010-11-23
- Location
- Blackpool
- Industry
- 43290 Other construction installation
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 23 November 2010 by the director, Robert Knighton. Andrew Earnshaw was appointed as a director on 18 October 2011.
The Company commenced trading in November 2010 and its principal activity was that of a building contractor The Company operated from leasehold premises at 3 Furness Drive, Poulton Business Park, Poulton-le-Fylde, FY6 83S.
The Company has traded profitably since inception. Throughout 2012 and 2013 the Company began to take on bigger contracts with a large hotel group and turnover began to increase. However, in August 2014 the hotel group changed the way it had previously worked with the Company and instead employed a third party to monitor works. This then led to invoices due to the Company being paid late or not at all. Furthermore, the hotel group withheld funds as a retrospective retention for works already completed.
Administrators' statement of proposals (2014-12-31) · Companies House register