# Beaumont Morgan Developments Limited (07619223)

> Why UK company 07619223 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07619223

- **Status:** Administration ended
- **Administration began:** 2022-01-13
- **Administrators:** Asher Miller, Stephen Mark Katz
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2011-05-03
- **Location:** London
- **Industry:** 41202 Construction of domestic buildings

## Why it went into administration

- COVID-19
- Creditor pressure / legal action
- Sustained trading losses
- Supply chain disruption
- Rising costs / inflation
- Brexit

## From the administrators' statement

The Company was incorporated in May 2011 by Reginald Beaumont and Gareth Morgan to act as a design and build main contractor for large construction projects in the north of England. The Company's business model saw that projects were typically tendered on 5% gross margins on a fixed price lump sum basis.

In July 2014 Gareth Morgan took 100% control of the Company, and subsequently in January 2015 completed a share for share exchange whereby the ultimate controlling entities behind Fortis Developments acquired the Company. Kieran Moore and Darren McClellan became shareholders and directors of Beaumont Morgan at this time.

Audited accounts filed by the Company show that turnover increased steadily between 2015 and 2021 with turnover of £26.4m in 15/16, £38.7m in 16/17, £40.6m in 17/18, £40.2m in 18/19 and £47.1m in 19/20. The Company's most recent set of audited accounts, made up to March 2020 recorded a profit of £86,711, with a loss of £69,301 having been recorded the previous year.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07619223/filing-history/MzMzMTkzMTc5NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07619223

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