Bold Nu-Tec Insulation Products & Services Limited (01731510): administration and why it failed

Bold Nu-Tec Insulation Products & Services Limited (01731510): administration

Status: Administration ended
Administration began: 2017-07-12
Administrators: Matthew James Higgins, Steven Phillip Ross
Administrators' firm: RSM
Incorporated: 1983-06-13
Location: Newcastle upon Tyne
Industry: 43290 Other construction installation

Why it went into administration

Creditor pressure / legal action
Cash flow / liquidity pressure
Property / lease costs

From the administrators' statement

Relevant extracts from the Company's audited financial statements and management accounts are summarised below.

Audited Financial Audited Financial

Statements for the Statements for the

Administrators' statement of proposals (2017-09-16) · Companies House register

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Bold Nu-Tec Insulation Products & Services Limited (01731510): administration

Why it went into administration

From the administrators' statement

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Bold Nu-Tec Insulation Products & Services Limited (01731510)