← Failures register

Administration · 30 September 2020

J A Ball

Housebuilder · Coalville · East Midlands

Share

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.

  1. 31 January 2019

    Last accounts filed were made up to this date

    20 months later

  2. 30 September 2020

    Administration started

    3 years later

  3. 2 October 2023

    Administration ended

  4. 2 October 2023

    Creditors' voluntary liquidation started (shareholders resolved to wind up)

AccountsPayment reportInsolvency

Before it failed

Key figures

Turnover in its last accounts, year to Jan 2019
£35.9m
Accounts at Companies House
Profit before tax, year to Jan 2019
£655k
Accounts at Companies House
Net assets, year to Jan 2019
£3.8m
Accounts at Companies House
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 out

In the news

We haven't matched any press coverage to this company yet. Search the news for J A Ball.