Smailes Construction Ltd. (08248799): administration and why it failed

Smailes Construction Ltd. (08248799): administration

Status: Administration ended
Administration began: 2018-11-19
Administrators: Matthew James Higgins, Steven Phillip Ross
Administrators' firm: RSM
Incorporated: 2012-10-11
Location: Gosforth
Industry: 41100 Development of building projects

Why it went into administration

Loss-making contracts / project overruns

From the administrators' statement

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

Year ended Year ended Year ended

31.10.2017 31.10.2016 31.10.2015

Administrators' statement of proposals (2019-01-24) · Companies House register

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Smailes Construction Ltd. (08248799): administration

Why it went into administration

From the administrators' statement

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Smailes Construction Ltd. (08248799)