# Clear Space Construction Ltd (08104001)

> Why UK company 08104001 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08104001

- **Status:** Administration ended
- **Administration began:** 2017-03-28
- **Administrators:** Matthew James Higgins, Steven Phillip Ross
- **Administrators' firm:** RSM
- **Incorporated:** 2012-06-13
- **Location:** Newcastle upon Tyne
- **Industry:** 43999 Other specialised construction activities n.e.c.

## Why it went into administration

- Rising costs / inflation
- Competition / price pressure

## From the administrators' statement

Relevant extracts from the Company's audited financial statements and management accounts are summarised below.

Trading profit and loss account

Year ended 31 December 2016 2015 2014 Gross profit 337,002 454,353 348,532 Administration expenses (94,782) (252,022) (283,619) Operating profit ~~ 242,220. ~+~«202;,331«Cs (<atsés«éi Interest payable (293) : . Profit before tax 241,927 202,331 64,913 Taxation (49,542) (41,385) (15,365)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08104001/filing-history/MzE3NzA2OTQzNGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08104001

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