# R R Richardson Limited (00985986)

> Why UK company 00985986 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00985986

- **Status:** Administration ended
- **Administration began:** 2014-11-03
- **Administrators' firm:** Evelyn Partners
- **Formerly:** SGMS Property Solutions Limited; R.R. Richardson Limited; R.R. Richardson PLC; R.R.Richardson & Company Limited
- **Incorporated:** 1970-08-03
- **Location:** Southampton
- **Industry:** 41202 Construction of domestic buildings

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action

## From the administrators' statement

The Company was Incorporated on 3 August 1970 and was acquired by R R R Acquisitons Limited (“Acquisitions”) in July 2005 by virtue of its acquisition of the Company’s parent company, R R Richardson Holdings Limited (“Holdings”) Acquisitions was a subsidiary of Chaldean I LLP, which was controlled by tts members Anthony Forbes, David Morrison, Gordon Morrison and Mary Morrison In July 2005 the Company’s issued share capital was £50k, subsequently increased to £1,825k in 2007 and £2,050k In 2011

The share issue in 2007 was a cash injection of £1,825k from Holdings, the £225k Increase In 2011 was the capitalisation of an existing loan from R R Richardson Trustees Limited

In 2010 the Company’s shares were acquired by the existing shareholders (see Appendix I) from Holdings as part of a group reorganisation

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00985986/filing-history/MzExNDgxMzA2MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00985986

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