Heritage Building and Conservation (North) Limited (10361652): administration
- Status
- Administration ended
- Administration began
- 2018-04-11
- Administrators
- Kenneth William Touhey
- Administrators' firm
- Ken Touhey of Insolvency and Recovery
- Formerly
- Heritage Building and Conservation (York) Limited; Szerelmey Heritage Building and Conservation Limited
- Incorporated
- 2016-09-06
- Location
- Worthing
- Industry
- 41100 Development of building projects
Why it went into administration
- Loss-making contracts / project overruns
- Creditor pressure / legal action
From the administrators' statement
The statutory information in respect of the Company is attached at Appendix B which we trust is seifexplanatory.
The company commenced trading in the summer of 2016 following the acquisition of debtors, retentions and working in progress of William Anelay Limited (“WAL”) — In Administration. As part of this acquisition the Company entered into negotiations with many of the employers of WAL to complete contracts in progress that appeared to be financially viable.
Also, the Company tendered and was successful in relation to new projects.
Administrators' statement of proposals (2018-06-27) · Companies House register