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North Yorkshire construction firm enters liquidation with £750,000 debts

Summarised from 2 outlets · Updated 24 Oct, 06:09 · Archive

North Yorkshire construction company BCG North Ltd has entered creditors' voluntary liquidation with debts approaching £750,000. The company, based at Brookfield, Oxmoor Lane, Biggin, near Sherburn-in-Elmet, was incorporated in September 2022 and entered liquidation on 15 September. The sole director is Colin Stuart Gebbie. BTG Begbies Traynor (Central) LLP of York was appointed liquidator.

The company's statement of affairs shows estimated realisable assets of £65,510.72. HMRC is owed £202,246.34 as a secondary preferential creditor. Unsecured creditors are owed £609,655.83 in total, including trade and expense creditors owed £55,503.48, a director's loan account (C Gebbie) owed £64,000, an associated company (BCG Northern Ltd) owed £49,338.28, and Funding Circle Ltd owed £42,957.94 as a loan.

The estimated overall deficiency to creditors is £746,391.45.

North Yorkshire construction firm enters liquidation with £750,000 debts
Image: York Press

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How it is being reported

In this story: BCG North Ltd · Colin Stuart Gebbie · BTG Begbies Traynor (Central) LLP · Sherburn-in-Elmet · North Yorkshire · HMRC · Funding Circle Ltd · BCG Northern Ltd

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