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Administration · 9 June 2026

Mackoy

Main contractor · Eastleigh · South East England

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What happened

MACKOY LIMITED (company number 06126265), incorporated in 2007, entered administration on 9 June 2026. Its status at Companies House is now: administration.

Why it failed

Inflationary pressures, changing buyer behaviour and prolonged bad weather hurt performance, leading to a loss in the year to March 2025, a short cash runway and creditor pressure.

  • Main reason: Cost inflation
  • Losses on contracts
  • 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.

Previously known as: MACKOY CONSTRUCTION LIMITED.

Timeline

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

  1. 31 March 2025

    Last accounts filed were made up to this date

    15 months later

  2. 9 June 2026

    Administration started

AccountsPayment reportInsolvency

Before it failed

Key figures

Turnover in its last accounts, year to Mar 2025
£23.3m
Accounts at Companies House
Loss before tax, year to Mar 2025
£617k
Accounts at Companies House
Staff, year to Mar 2025
22
Accounts at Companies House
Net assets, year to Mar 2025
£3.1m
Accounts at Companies House
Owed to unsecured creditors (estimated), as at 9 June 2026
£5.7m
of which trade creditors £5.5m. HMRC owed £159k. a further £298k owed to its lenders. Expected return to unsecured creditors: about 5p in the pound
Administrators' proposals

The last accounts filed were medium-sized company accounts made up to 31 March 2025, 14 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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In the news

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