G.S. CONTRACTS (JOINERY) LIMITED

Company number 02734245 ·

Liquidation

The confirmation statement for this company is overdue.

Executive summary

G.S. Contracts (Joinery) Limited represents a case study in the structural challenges facing UK construction subcontractors. Despite over three decades of trading history, the company has suffered catastrophic financial deterioration—net assets fell from £758,697 in 2015 to just £173,257 in 2023, while cash reserves collapsed by 82% in a single year. The business was unable to withstand the combined pressures of material cost inflation, labour market tightness, and likely main contractor payment failures that have characterised the post-pandemic construction environment. Its current liquidation status, with an administrator appointed to the board, confirms what the financial trajectory has long indicated: that this mid-tier joinery subcontractor has been unable to maintain competitive viability in an increasingly hostile market for specialist trade contractors.

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Shareholders' funds

£31,802

Balance sheet as at 2019-12-31

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Overview

Company type
Private Limited Company
Incorporated
1992-07-24
Registered office
15 Horizon Business Village, 1 Brooklands Road, Weybridge, Surrey, KT13 0TJ
Postcode
KT13 0TJ
Capital
104 GBP
Accounts category
Small
Charges
2 outstanding

Accounts

Last made up to
2023-12-31
Next due by
2025-09-30
Financial year end
31 December

Confirmation statement

Last statement dated
2024-02-26
Next due by
2025-03-12 Overdue
View filing history →

Nature of business (SIC)

  • 43320 Joinery installation

Officers 3 current · 5 resigned

MR Lewis ELSEY Director
Appointed 2020-06-12
MR Ian ELSEY Director
Appointed 2020-06-12
ADMINISTRATOR Appointed 1993-07-24

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Group structure

Controlled by STEELWOODGROUP LTD — since 2024-02-21

Controlled by G.S. CONTRACTS HOLDINGS LIMITED — since 2016-04-06

From persons-with-significant-control filings on the public register.

Modern slavery statement

Registered a modern slavery statement for 2023 (period to 2022-12-31) as part of the MBH CORPORATION PLC group statement — 2 years on the registry.

Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.

Contact details

Website
http://www.gscontracts.co.uk

Previous registered addresses 3

AddressChanged on
UNIT 11, GRANGE WAY BUSINESS PARK, WHITEHALL INDUSTRIAL ESTATE, COLCHESTER ESSEX CO2 8HF1998-01-09
UNIT 3 GRANGE WAY BUSINESS PARK, WHITEHALL INDUSTRIAL ESTATE, COLCHESTER, ESSEX CO2 8HF1995-03-14
BLACKBURN HOUSE, 32A CROUCH STREET, COLCHESTER, ESSEX CO3 3HH1994-11-25

The class of 1992

49%

of the 21,839 companies incorporated in 1992 are still active today; 46% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →