Roalco Limited (01328878): administration
- Status
- Administration ended
- Administration began
- 2019-07-09
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1977-09-06
- Location
- London
- Industry
- 43390 Other building completion and finishing
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Credit insurance / supplier credit withdrawn
- Cyber attack / IT failure
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 6 September 1977 by Adrian Barry Cook (“ABC”) and Robert William Potter. Alan Roy Potter (“ARP”) was appointed as a director in 1990 and Robert William Potter resigned as a director on 31 March 2015.
Since 31 March 2015, ABC and ARP have been the only directors and shareholders of the Company.
The Company commenced trading as decorating contractors, but in the 1980s moved its business towards property repairs and maintenance in the social housing sector Since then, the Company provided the following services to its clients, which predominantly comprise local authorities and housing associations, across the South East of England and East Anglia:
Administrators' statement of proposals (2019-08-28) · Companies House register