Company voluntary arrangement · 5 July 2011

New County Road Surfacing

Civil engineering · Chester le Street · North East England

What happened

NEW COUNTY ROAD SURFACING LIMITED (company number 01515435), incorporated in 1980, entered company voluntary arrangement on 5 July 2011. Its status at Companies House is now: liquidation.

The company agrees a deal with its creditors to repay some or all of its debts over time while it keeps trading.

Previously known as: INGLAW NUMBER THREE LIMITED.

Timeline

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

31 March 2011
Last accounts filed were made up to this date
4 months later
5 July 2011
Company voluntary arrangement started
15 months later
19 October 2012
Company voluntary arrangement ended
19 October 2012
Creditors' voluntary liquidation started (shareholders resolved to wind up)
4 years later
15 April 2016
Company dissolved

AccountsPayment reportInsolvency

Before it failed

Key figures

Turnover in its last accounts, year to Mar 2011: £8.3m; Accounts at Companies House
Loss before tax, year to Mar 2011: £232k; Accounts at Companies House
Net assets, year to Mar 2011: £3k; Accounts at Companies House
Owed to unsecured creditors (estimated), as at 19 October 2012: £3.2m; Expected return to unsecured creditors: very little; Statement of affairs (liquidation)

The last accounts filed were medium-sized company accounts made up to 31 March 2011, 3 months before it failed.

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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