Ebor Concretes Ltd (11479942): administration
- Status
- Administration ended
- Administration began
- 2021-12-07
- Administrators
- Michael Christian Kienlen
- Administrators' firm
- FRP Advisory
- Formerly
- PC Installation Site Services Ltd
- Incorporated
- 2018-07-24
- Location
- Leeds
- Industry
- 42990 Construction of other civil engineering projects n.e.c.
Why it went into administration
- Creditor pressure / legal action
- COVID-19
- Supply chain disruption
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Property / lease costs
- Pension deficit
From the administrators' statement
The Company was incorporated on 24 July 2018 as PC Installation Site Services Limited. The Company’s director, David Brennan (“the Director”) purchased the tangible assets and goodwill, including the name of Ebor Concretes from the Liquidators of Ebor Concretes Limited, which had entered Creditors’ Voluntary Liquidation on 21 February 2019. On 7 March 2019, the Company changed its name to Ebor Concretes Limited, with the original company subsequently becoming EBC Realisations Limited, both of which were filed at Companies House on 29 April 2019.
Following the acquisition of the tangible assets and goodwill, the Company began to operate as a bespoke concrete casting business from leasehold premises owned by The Meads Trust. The Company now employs 26 staff, in addition to the Director.
Trading was initially profitable however the Covid-19 pandemic began just as the business was starting to gain traction. The initial lockdowns and general uncertainty resulted in the business being closed for a number of months in 2020, before the initial restrictions were relaxed and the business was able to recommence trading. Whilst the Company had relied on the Government's Coronavirus Job Retention Scheme for a period during 2020, when trading opened back up again, the workforce returned to the business but without a full pipeline of work.
Administrators' statement of proposals (2022-01-04) · Companies House register