Hadb Realisations Limited (01925859): administration
- Status
- Administration ended
- Administration began
- 2017-09-26
- Administrators' firm
- KPMG
- Formerly
- H.A. & D.B. Kitchin Limited
- Incorporated
- 1985-06-25
- Location
- London
- Industry
- 74909 Other professional, scientific and technical activities n.e.c.
Why it went into administration
- Property / lease costs
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated on 25 June 1985 and its principal activity was operating a building contractors business.
The business employed 25 people and operated from leasehold premises in Alton, Hampshire, owned by a related company and for which rent of £4,500 per month was paid by the Company.
As per Statement of Insolvency Practice 13, we are obliged to report on any connected party transactions that took place in the two years prior to the administration.
Administrators' statement of proposals (2017-12-01) · Companies House register