Kapex Construction Ltd (10538428): administration
- Status
- Administration ended
- Administration began
- 2021-08-20
- Administrators
- Steven Phillip Ross, Allan David Kelly
- Administrators' firm
- FRP Advisory
- Incorporated
- 2016-12-23
- Location
- Gosforth
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Credit insurance / supplier credit withdrawn
- Supply chain disruption
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 23 December 2016 to act as a construction contractor and to provide design and build services. The shareholder is Morton Group Ltd and the ultimate beneficial owners are Brian and Gary Morton. Brian Morton was a director of the Company from incorporation to 1 December 2017. Gary Morton is the sole remaining director and has been a director of the Company since incorporation.
The Company traded from leased premises at Arden House, Regent Centre, Gosforth, Newcastle upon Tyne, NE3 3LZ. The Company employed 61 people.
The Director has provided the following statement regarding the Company’s trading history:
Administrators' statement of proposals (2021-10-11) · Companies House register