GORDON DERRY AND SONS LIMITED
Company number 01497414 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
Gordon Derry & Sons Limited, a 37-year-old family-run commercial construction business, has entered liquidation following catastrophic financial deterioration that saw shareholders' funds collapse from £199,863 (2015) to negative £288,041 (2016), with cash reserves reduced to just £15. The company's significant freehold property assets (£270,000) proved insufficient to offset current liabilities of £511,260, creating an insurmountable liquidity crisis that the anticipated banker support failed to resolve. This case illustrates the vulnerability of undercapitalized construction SMEs to sector cyclicity and creditor pressure when working capital management and balance sheet resilience are neglected during favorable trading periods.
Shareholders' funds
-£288,041
Balance sheet as at 2016-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1980-05-19
- Registered office
- 2nd Floor 40 Queen Square, Bristol, BS1 4QP
- Postcode
- BS1 4QP
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2016-12-31
- Next due by
- 2018-09-30 Overdue
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2017-06-06
- Next due by
- 2018-06-20 Overdue
Nature of business (SIC)
- 41201 Construction of commercial buildings
Officers 4 current · 3 resigned
Contact details
- Website
- http://www.gordonderry.co.uk
Previous company names
| Name | Date changed |
|---|---|
| JUSTBURGH BUILDERS LIMITED | 1980-12-31 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| DERRY COURT, POLMORLA ROAD, WADEBRIDGE, CORNWALL, PL27 7NE | 2018-06-07 |
The class of 1980
49%
of the 8,850 companies incorporated in 1980 are still active today; 41% have since been dissolved.
A fact about the year, not a forecast for this company.
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