Ecos Construction Limited (SC251847): administration
- Status
- Administration ended
- Administration began
- 2012-11-29
- Administrators
- Paul Dounis, Kenneth W Pattullo
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2003-06-26
- Location
- Glasgow
- Industry
- 41202 Construction of domestic buildings
Why it went into administration
- Cash flow / liquidity pressure
- Property / lease costs
From the administrators' statement
The company was formed in 2003 by Naranjan Singh and Parmajit Kaur, who were directors and shareholders.
The principa! trade of the business was that of a property construction and management. The company was involved in several successfully completed projects during the trading period but the difficulties encountered in the construction industry post 2008 were keenly felt by the company as they strugg!ed to generate contracts to generate sufficient turnover.
The secured creditor served demands for repayment of the debts due by the company and on the expiry of which sought to appoint the Joint Administrators in order to realise the company’s assets.
Administrators' statement of proposals (2013-03-07) · Companies House register