Grampian Construction Limited (SC180700): administration
- Status
- Administration ended
- Administration began
- 2013-01-18
- Administrators
- Gerard Anthony Friar, Blair Carnegie Nimmo
- Administrators' firm
- KPMG
- Formerly
- Grampian Contracts Ltd.; Cygnusflex Limited
- Incorporated
- 1997-11-18
- Location
- Aberdeen
- Industry
- 43320 Joinery installation
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 18 November 1997 and is an established building contractor. Prior to being called Grampian Construction Limited, it operated as Grampian Contracts Limited between 3 December 1997 to 22 April 1999 and as Cygnusflex Limited between 18 November 1997 and 3 December 1997.
The Company undertook both commercial and private construction services. It. has a well established client base and provides services to many main contractors. The. — Company employed 38 staff and 47 sub contractors and its turnover was c£4.3m in 2011 and c£4,8m in 2010. It operated from leased headquarters in Huntly. ;
The Company owns various rural and commercial properties. The Company is also a partner in the Firm of Corskellie Farm, which is discussed later in this report.
Administrators' statement of proposals (2013-03-14) · Companies House register