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Creditors' voluntary liquidation · 13 June 2022

Oakmont Construction

Main contractor · Harlow · East Anglia

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What happened

OAKMONT CONSTRUCTION LIMITED (company number 05030153), incorporated in 2004, entered creditors' voluntary liquidation on 13 June 2022. Its status at Companies House is now: liquidation.

The directors and shareholders decide to close an insolvent company. A liquidator sells its assets and shares the proceeds among creditors.

Timeline

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

  1. 31 December 2020

    Last accounts filed were made up to this date

    18 months later

  2. 13 June 2022

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

AccountsPayment reportInsolvency

Before it failed

Key figures

Loss before tax, year to Dec 2020
£1.5m
Accounts at Companies House
Staff, year to Dec 2020
37
Accounts at Companies House
Net assets, year to Dec 2020
£1.5m
Accounts at Companies House
Owed to unsecured creditors (estimated), as at 8 June 2022
£10.3m
of which trade creditors £5.7m. HMRC owed £860k. Expected return to unsecured creditors: uncertain
Statement of affairs (liquidation) (includes £4.1m owed to a shareholder)

The last accounts filed were full accounts made up to 31 December 2020, 17 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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