R. L. Davies & SON Limited (01783213): administration
- Status
- Administration ended
- Administration began
- 2023-02-16
- Administrators
- Lee Causer, Kerry Bailey
- Administrators' firm
- BDO
- Formerly
- Colwyn Construction Co. Limited
- Incorporated
- 1984-01-16
- Location
- Liverpool
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- COVID-19
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Loss-making contracts / project overruns
From the administrators' statement
Kerry Bailey and Lee Causer were appointed as Joint Administrators of the Company on 16 February 2023.
The affairs, business and property of the Company are being managed by the Joint Administrators, who act as agents of the Company and without personal liability.
Purpose of the Proposals
Administrators' statement of proposals (2023-04-15) · Companies House register