# Goodwin's Construction Services Group Limited (09009714)

> Why UK company 09009714 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09009714

- **Status:** In administration
- **Administration began:** 2020-11-11
- **Administrators:** Anthony Collier, John Anthony Lowe, Yasmin Bhikha
- **Administrators' firm:** FRP Advisory
- **Formerly:** Goodwin Construction Group Limited; Goodwin Developments Cheshire Limited
- **Incorporated:** 2014-04-24
- **Location:** Meridian Business Park
- **Industry:** 41100 Development of building projects

## Why it went into administration

- COVID-19
- Funding withdrawn / unable to refinance
- Parent or group failure

## From the administrators' statement

A loss of future revenue as a result of customer disputes and Covid-19 coupled with the lock down shutting sites and delaying current projects led to creditor arrears and cash flow issues. The Company obtained funding however this was not considered enough by management and further funding was not available, which ultimately led to FRP being contacted to provide advice on the Company’s financial position.

Appointment of the Administrators FRP were instructed to market the business and assets for sale. Sales flyer was issued to 406 interested parties, of which 20 signed the non-disclosure agreement to obtain

Goodwin's Construction Services Group Limited (In Administration) The Administrators’ Proposals

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09009714/filing-history/MzI4NTY3ODI3MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09009714

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