Raven Northern Limited (00443393): administration
- Status
- Administration ended
- Administration began
- 2012-08-01
- Administrators' firm
- FTI Consulting
- Formerly
- Rotary Northern Limited
- Incorporated
- 1947-10-09
- Location
- London
- Industry
- 43210 Electrical installation
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Rotary Group (comprised of the Companies as well as a number of other entities not in insolvency) is a UK, Ireland and Middle East based mechanical, electrical and plumbing ("MEP”) contracting business The structure of the Rotary Group is summarised at Appendix A
The Rotary Group operates through a UK based holding company, HUK, which tn turn is 100% shareholder in UK based RL_ RL ts primarily a holding company for 1) a number of subsidianes and joint ventures across the UK and Ireland, 1) for RIL which holds varying levels of ownership in a number of entities that primarily operate in the Middle East, and 1) some property assets RIL’s subsidiaries including Middle East operating entities are presently not tn any form of insolvency and we are not responsible for the trading or supervision of those entities
The Rotary Group was established in 1954 and grew both organically and through acquisitions In 2008, the Rotary Group was acquired by Haste Group, a listed Australian building services group (“Hastie”) Hastie Group Limited, an Australian entity, 1s the ultimate parent company of the Rotary Group
Administrators' statement of proposals (2012-10-17) · Companies House register