Administration · 30 September 2020
J A Ball
Housebuilder · Coalville · East Midlands
What happened
J A BALL LIMITED (company number 07900473), incorporated in 2012, entered administration on 30 September 2020. Its status at Companies House is now: liquidation.
Why it failed
Directors blamed loss-making contracts, with disputes and cost overruns estimated at about £3.1m, causing cash flow problems, and Covid-19 disruption that reduced workforces and missed completion dates.
- Main reason: Losses on contracts
- Cash flow
- Covid-19
- Delays
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.
Previously known as: J A BALL CONTRACTING LIMITED.
Timeline
The last accounts and payment report before the failure, then what happened, with the time between each.
31 January 2019
Last accounts filed were made up to this date
20 months later
30 September 2020
Administration started
3 years later
2 October 2023
Administration ended
2 October 2023
Creditors' voluntary liquidation started (shareholders resolved to wind up)
AccountsPayment reportInsolvency
Before it failed
Key figures
- Owed to unsecured creditors (estimated), as at 30 September 2020
- £2.1m
- of which trade creditors £1.6m. HMRC owed £283k. staff owed £138k. Expected return to unsecured creditors: about 3p in the pound
- Administrators' proposals
The last accounts filed were full accounts made up to 31 January 2019, 20 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
We're writing plain-English reports on major construction failures: who was involved, why it happened, the warning signs and how long they were visible, and what to look out for next time.
Sign up to be told when reports are outIn the news
We haven't matched any press coverage to this company yet. Search the news for J A Ball.