Hartry Global Ltd (09546316): administration
- Status
- Administration ended
- Administration began
- 2021-10-11
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2015-04-16
- Location
- Bristol
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- COVID-19
- HMRC / tax arrears
From the administrators' statement
HGL operated as a Southwest based Main Contractor, specialising in the Retail, Industrial and Commercial sectors, delivering a total package construction service for projects across the Southwest, South Wales and nationally.
Since starting the business 4 years ago, the Directors built up hugely successful relationships with multiple clients, especially within the retail sector, having worked with clients and professional teams collaboratively to make the construction experience productive and positive, gaining a great reputation and traction regionally. They completed a large number of schemes and have continued success in securing repeat work with their clients.
The Company grew rapidly in that time and in the y/e 31 March 2020 had turnover of £8,078,560 with profits of £235,556. However, shortly after this Covid hit the UK and the Company started to struggle paying its HMRC debt.
Administrators' statement of proposals (2021-12-07) · Companies House register