Bexheat Ltd (09019868): administration
- Status
- Administration ended
- Administration began
- 2022-05-26
- Administrators
- Jonathan James Beard, Jamie Taylor
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2014-05-01
- Location
- Brighton
- Industry
- 43220 Plumbing, heat and air-conditioning installation
Why it went into administration
- Creditor pressure / legal action
- COVID-19
From the administrators' statement
The Company was incorporated in May 2014 by its current director, Andrew Bailey, with a view to carrying out plumbing and mechanical pipework installations within new build residential dwellings in and around London. The director had circa 30 years experience in the industry and had identified a gap in the market where he believed the majority of sub-contractors were reluctant to carry out installations internal to apartment dwellings.
The business grew steadily and turnover grew year on year up to the start of the COVID-19 pandemic.
At this time the director has advised that the Company was working on a project in London for its main employer. The project commenced in October 2019 with a programmed period for compietion of December 2020. In March 2020 due to the first lockdown, the site was shut for 4-6 weeks following which only limited labour was allowed on site in shift patterns. A full return was allowed in June/July 2020.
Administrators' statement of proposals (2022-07-23) · Companies House register