From the administrators' statement

The Company, incorporated in 1907, was a leading provider of building services to the public and private sector. With a strong market presence in Scotland, operating from six regional locations, the Company’s services were broadly categorised across two key divisions; mechanical and electrical (M&E) and facilities management (FM).

Difficult trading conditions, together with increased political and economic uncertainty, resulted in declining margins in respect of the Company’s contracts. FM benefitted from recurring contracts, which were geographically diverse and generally more profitable, however, a number of M&E contracts were completing which led to delays in receipts as the final accounts were scrutinised prior to settlement of completion payments.

The Company’s recent financial results can be summarised as follows:

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts

Processing now

Richard Irvin & Sons Limited (00096281)

Export CSV