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Administration · 18 July 2024

Blenheim House Construction

Main contractor · Chertsey · South East England

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What happened

BLENHEIM HOUSE CONSTRUCTION LIMITED (company number 03259020), incorporated in 1996, entered administration on 18 July 2024. Its status at Companies House is now: administration.

Why it failed

Three London projects lost about 11.65m pounds through incomplete tender designs and client delays, alongside Covid-19 and Ukraine war cost impacts; a damages claim and lack of funding followed.

  • Main reason: Losses on contracts
  • Covid-19
  • Cost inflation
  • Delays
  • Legal claims
  • Cash flow

Our summary of the reasons given in the administrators' proposals. These record the administrators' and directors' account of what happened.

An administrator, a licensed insolvency practitioner, takes control of the company to try to rescue it, sell the business or get a better result for creditors than a liquidation.

Timeline

The last accounts and payment report before the failure, then what happened, with the time between each.

  1. 30 April 2023

    Last accounts filed were made up to this date

    15 months later

  2. 18 July 2024

    Administration started

AccountsPayment reportInsolvency

Before it failed

Key figures

Turnover in its last accounts, year to Apr 2023
£86.6m
Accounts at Companies House
Loss before tax, year to Apr 2023
£137k
Accounts at Companies House
Staff, year to Apr 2023
84
Accounts at Companies House
Net assets, year to Apr 2023
£6.8m
Accounts at Companies House
Owed to unsecured creditors (estimated), as at 11 July 2024
£19.0m
of which trade creditors £16.9m. about 552 creditors. HMRC owed £1.7m. Expected return to unsecured creditors: about 5p to 10p in the pound (estimate)
Administrators' proposals

The last accounts filed were full accounts made up to 30 April 2023, 15 months before it went into administration.

The full filing history, including any late filings, charges and director changes, is on Companies House.

Lessons learned report

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