# Muirfield (Contracts) Limited (SC112140)

> Why UK company SC112140 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC112140

- **Status:** Administration ended
- **Administration began:** 2015-03-12
- **Incorporated:** 1988-07-06
- **Location:** Renfrew
- **Industry:** 41201 Construction of commercial buildings

## Why it went into administration

- Creditor pressure / legal action
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Bad debts / customer insolvency
- Loss-making contracts / project overruns
- Sustained trading losses
- Management failings / irregularities

## From the administrators' statement

Founded in 1988, the Company was a leading privately owned main contracting construction business, headquartered in Dundee but with offices also in Aberdeen and

Grangemouth.

The Company was formed by Mr Maurice McKay, who successfully grew the business over a 25 year period to a turnover of around £48m and a workforce of approximately 400, including labour only sub-contractors. The latest financial statements, for the year ended 31 October 2013, show a pre-tax profit for the year of c.£1m and net assets of

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC112140/filing-history/MzEyMzA2NzkzMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC112140

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