{"name":"A CATLOW CIVIL ENGINEERING LIMITED","company_number":"04143949","status":"Liquidation","type":"Private Limited Company","incorporated":"2001-01-18","dissolved":null,"registered_office":"Suite 500  Unit 2 94a Wycliffe Road, Northampton, NN1 5JF","postcode":"NN1 5JF","sic_codes":[{"code":42220,"description":"Construction of utility projects for electricity and telecommunications"}],"principal_activity":null,"previous_names":[{"name":"HESSIE LIMITED","changed_on":"2001-01-26"}],"warnings":["The annual accounts for this company are overdue.","The confirmation statement for this company is overdue."],"accounts":{"category":"Total Exemption Full","year_end":"28 March","last_made_up_to":"2023-03-31","next_due":"2024-12-28"},"employees":null,"financials":[{"financial_date":"2023-03-31","net_assets":500818,"cash":7983},{"financial_date":"2022-03-31","net_assets":246228,"cash":3886},{"financial_date":"2021-03-31","net_assets":221957,"cash":6262},{"financial_date":"2020-03-31","net_assets":78040,"cash":15628},{"financial_date":"2019-03-31","net_assets":119941,"cash":13965}],"officers":{"current":2,"resigned":3,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[{"date":"2024-07-25","kind":"insolvency"}],"insolvency_outcome":null,"ai_summary":"A Catlow Civil Engineering Limited represents a cautionary example of overtrading within the UK utility infrastructure subcontracting sector. Despite operating in a favourable market with strong demand for electricity and telecommunications project work, the company's aggressive debt-financed growth strategy – expanding total assets from £1.3M to £5.8M over five years while maintaining near-zero cash reserves – proved unsustainable. The current ratio of 0.97:1, gearing of 8.2:1, and cash position of just £7,983 against £4.1M current liabilities reflect a business that was fundamentally insolvent on a liquidity basis well before entering liquidation proceedings. The company's collapse underscores the critical importance of working capital management in capital-intensive civil engineering, where the combination of hire purchase commitments, extended contract payment terms, and rising interest rates can rapidly overwhelm thinly capitalised operators.","website":"https://www.acatlow.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/a-catlow-civil-engineering","people":"https://www.companiesintheuk.co.uk/company/a-catlow-civil-engineering/people","filing_history":"https://www.companiesintheuk.co.uk/company/a-catlow-civil-engineering/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04143949","financials":"https://www.companiesintheuk.co.uk/company/a-catlow-civil-engineering/financial","gazette":"https://www.companiesintheuk.co.uk/company/a-catlow-civil-engineering/gazette","control":"https://www.companiesintheuk.co.uk/company/a-catlow-civil-engineering/control","charges":"https://www.companiesintheuk.co.uk/company/a-catlow-civil-engineering/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/a-catlow-civil-engineering/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/a-catlow-civil-engineering"}