M J Hester Limited (08217874): administration
- Status
- Administration ended
- Administration began
- 2018-11-08
- Administrators
- Tracy Ann Taylor, Ruth Elizabeth Harris
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2012-09-17
- Location
- Sheffield
- Industry
- 43310 Plastering
Why it went into administration
- Funding withdrawn / unable to refinance
- Loss-making contracts / project overruns
From the administrators' statement
The Company’s centre of main interests is in England and Wales and predominantly carried on business as plasterers from the trading premises at The Stables, Cumberland Road, Leeds, West Yorkshire LS6
The company was incorporated on 17 September 2012. Prior to the Company’s incorporation, the Directors, Michael Joseph Anthony Hester and Carmel Teresa Hester were directors of M.J. Hester Plasterers (Leeds) Limited who provided similar services to that of M J Hester Limited (In Administration). M.J. Hester Plasterers (Leeds) Limited entered into Administration on 4 October 2013 with the assistance of Begbies Traynor (SY) LLP formerly The P&A Partnership.
Following M.J. Hester Plasterers (Leeds) Limited entering into Administration, the director was informed that there were certain assets of M.J. Hester Plasterers (Leeds) Limited which could be purchased from the Administrators, namely; goodwill, the order book, debtors, retentions and WIP. Following negotiations with the Administrators, the Company purchased the assets named above from M.J. Hester Plasterers (Leeds) Limited, CRN 02675947. The purchase price for these assets being £30,000.
Administrators' statement of proposals (2019-01-19) · Companies House register