LBH Rail & Civil Engineering Limited (11211133): administration
- Status
- Administration ended
- Administration began
- 2022-10-19
- Administrators
- Ian Lawrence Goodhew
- Administrators' firm
- Contract Recovery Services
- Formerly
- LBH Rail Limited
- Incorporated
- 2018-02-19
- Location
- London
- Industry
- 78200 Temporary employment agency activities
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- COVID-19
- Loss of a key customer, supplier or contract
- Property / lease costs
- Energy costs
From the administrators' statement
The Company was incorporated as LBH Rail Limited (“the Company”) on 19 February 2018 and changed its name to its present style on 13 July 2018.
The Company was originally incorporated by the Company’s accountants, Williams Lester Accountants on the approach of Helen Cox to set up the Company for her to take over. Ryan Williams was an employee of the accountants and was involved in opening the Company’s bank accounts. Helen Cox became the Director of the Company on 1 November 2018 and became the majority shareholder holding 85% of the Company’s 100 ordinary £1 share capital. Mr Williams was offered 15% of the shareholding in the Company which he accepted. The Company commenced trading from a small office situated at 7 Beacons Shopping Centre, providing labour for rail and civil sites for the railway industry.
During the first six months there was very little trading with the business starting to take off in early 2019 when, through Helen Cox’s contacts the Company employed three sub contactors, a sales manager, with experience in the rail sector, a project manager, and a resource administrator.
Administrators' statement of proposals (2022-12-14) · Companies House register