Linear Contracting Limited (08404987): administration
- Status
- Administration ended
- Administration began
- 2016-06-14
- Administrators' firm
- KRE Corporate Recovery
- Incorporated
- 2013-02-15
- Location
- Reading
- Industry
- 43310 Plastering
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
The following narrative has been produced from statements provided by the Company’s director Creditors should note therefore that neither the Joint Administrators nor KRE Corporate Recovery LLP accept any responsibility for any inaccuracies contained herein
The Company was incorporated as a limited Company on 15 February 2013
The Company had an excellent first year trading, building up a strong name and reputation for its work, quality of service and the knowledgeability of the staff As a first trading year the Company had strong accounts with good profit margins and financial growth, which enabled the hiring of extra site staff to take on larger workloads and larger projects The staff volume at the start of Company trading was 8 site staff and 2 office staff, which increased to 12 site staff along with the existing 2 office staff by the end of the first financial year, which was facilitated by the sheer amount of projects which the Company was awarded in tts first year The first year profits were £32,000
Administrators' statement of proposals (2016-07-01) · Companies House register