Klas Construction (South West) Limited (07627939): administration
- Status
- Administration ended
- Administration began
- 2019-05-07
- Incorporated
- 2011-05-10
- Location
- Droitwich
- Industry
- 43390 Other building completion and finishing
Why it went into administration
- HMRC / tax arrears
- Loss-making contracts / project overruns
- Creditor pressure / legal action
- Bad debts / customer insolvency
From the administrators' statement
3.1 The company’s registered office address was changed from Coach House 21 Southfield Road Paignton Devon TQ3 2LZ England to Wessex House Teign Road Newton Abbot Devon TQ12 4AA on 18 April 2019. The new address was that of the company’s accountant.
3.2 My firm was initially introduced approached by the Company on 25 April 2019 by their accountants, Darnells Chartered Accountants, in order to assess the financial position of the company and to discuss the insolvency options available.
3.3. | met with the directors and their accountants at their offices on 25 April 2019 and discussed the generic insolvency options. A background to the company’s current difficulties was provided by the director and the remainder of the meeting was spent discussing various alternative insolvency options available to the company.
Administrators' statement of proposals (2019-06-27) · Companies House register