# RPM Holding Limited (01862858)

> Why UK company 01862858 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01862858

- **Status:** Administration ended
- **Administration began:** 2015-08-05
- **Formerly:** R.P. Metal Company Limited
- **Incorporated:** 1984-11-12
- **Location:** Sutton
- **Industry:** 43220 Plumbing, heat and air-conditioning installation

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action
- Loss-making contracts / project overruns
- Credit insurance / supplier credit withdrawn
- Competition / price pressure

## From the administrators' statement

The Company had been working on a range of contracts, but a significant refit contract valued at in excess of £2M which had been carried out for Beck Interiors Limited (“Beck”) at Cranleigh in Surrey had become problematic

The Contract involved mechanica! and electrical work on three residential units and a number of apartments The Contract was due to run for forty five weeks, however, it overran and the Company attnbuted this delay to poor proyect design by the consultancy firm engaged by Beck The Company believed that it was contractually entitled to submit an extension of time (“EOT") claim of circa £400,000 due to the overrun, however, this was disputed by the client

The project was essentially completed on Friday 10'" July 2015 when practical completion took place {although acknowledgement was not received from the client) The directors had endeavoured to reach an amicable agreement with Beck without success Beck would not agree the EOT claim and they considered that no further payments were due to the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01862858/filing-history/MzEyOTM0NzU4MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01862858

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