# Mclaren & Co. Painters & Contractors Limited (SC096119)

> Why UK company SC096119 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC096119

- **Status:** Administration ended
- **Administration began:** 2013-12-12
- **Administrators:** Ian Scott Mcgregor
- **Administrators' firm:** Grainger Corporate Rescue & Recovery
- **Incorporated:** 1985-11-26
- **Location:** Glasgow
- **Industry:** 43341 Painting

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Loss-making contracts / project overruns
- Over-expansion / investment not recovered
- Sustained trading losses

## From the administrators' statement

The company operated as commercial painting contractors from leased premises based at 7 Anderson Avenue, Aberdeen, AB 24 4LR and with a satellite operation in Glasgow.

The company is 100% owned by McLaren Group Scotland Limited, a non trading company.

The business was established in 1985 and operated mainly out of its Aberdeen base, mainly on a sub-contracting basis, with approximately 70% of the company’s turnover generated from Aberdeen. The company provided services such as carrying out traditional painting and decoration work across a_ wide commercial field, including large offices, local authority and government buildings, factories, sports halls, hospitals, schools and universities.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC096119/filing-history/MzA5NDIyNTIyNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC096119

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.