Farecrest Limited (SC096925): administration
- Status
- Administration ended
- Administration began
- 2013-03-20
- Administrators
- Stewart Macdonald
- Administrators' firm
- Mazars
- Formerly
- Rennie and Kirkwood Limited
- Incorporated
- 1986-01-22
- Location
- Glasgow
- Industry
- 71129 Other engineering activities
Why it went into administration
- HMRC / tax arrears
- Weak consumer demand
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated in January 1986 by William Ronald Kirkwood and William Rae. Mr Rae resigned in 1989 and was replaced by the current sole director, Vincent Lombard Stewart. Mr Kirkwood resigned in 2004.
Farecrest specialised in civil and structural engineering and operated from leased premises at The Square, 95 Morrison Street, Glasgow, G5 8BE. ;
The Company served a market covering Greater Glasgow, Ayrshire and Lanarkshire. It had reliance on three main customers which generated the majority of Farecrest’s turnover, namely, City Building LLP, New City Vision and Roof Profiles Limited.
Administrators' statement of proposals (2013-05-21) · Companies House register