# N & Walk Realisations Limited (00433999)

> Why UK company 00433999 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00433999

- **Status:** Administration ended
- **Administration began:** 2012-07-12
- **Administrators:** Brian Green, Paul Andrew Flint
- **Administrators' firm:** KPMG
- **Formerly:** Naylor & Walkden,Limited
- **Incorporated:** 1947-04-26
- **Location:** Manchester
- **Industry:** 4521

## Why it went into administration

- Supply chain disruption
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Competition / price pressure

## From the administrators' statement

Naylor & Walkden Limited was incorporated on 26 April 1947

The Company operated from freehold premises in Chorley, Lancashire as a building contractor in the shop-fitting, healthcare and educational sector, with two distinct divisions a construction element and a shop-fitting element The Company’s turnover for the year ended 31 March 2011 was £13 2 million, reporting a profit after tax of £132,000

The Company 1s a subsidiary of Bravell Limited, an intermediate property holding company, the ultimate parent of which is Naylor & Walkden (Holdings) Ltd Bravell Limited was placed into administration on 23 July 2012 by virtue of the insolvency of its subsidiary, Naylor & Walkden Limited and the cross guarantees held by the secured creditors within the Group .

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00433999/filing-history/MzA2MzgzNjE1NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00433999

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.