R.M. Rees (Contractors) Limited (00771452): administration
- Status
- Administration ended
- Administration began
- 2013-10-09
- Administrators
- Jeremiah Anthony O'Sullivan, Jonathan Mark Williams
- Administrators' firm
- Aua Insolvency Risk Services
- Incorporated
- 1963-08-21
- Location
- Bristol
- Industry
- 68209 Other letting and operating of own or leased real estate
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
From the administrators' statement
RM. Rees (Contractors) Limited ("the Company") was formed in June 1963 as a small welding enterprise, quickly establishing itself dunng the 1970s as one of the country’s leading dragline construction companies working at home and abroad
tn 1984 the Company purchased the 30 acre site at Rheola Works, Resolven, in the Neath Valtey which was the home of the British Aluminum Company from 1939 to 1981 This site contained the former factory buildings and steckyard
Over the following 25 years the Company cleared this site of most of the old and redundant industnal buildings, and used it to house the Company's trading activities, which by now were demolition, industrial reclamation and material salvage
Administrators' statement of proposals (2013-11-29) · Companies House register