# Rudgard Limited (02014302)

> Why UK company 02014302 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02014302

- **Status:** Administration ended
- **Administration began:** 2016-06-06
- **Administrators:** Andrew Richard Bailey, Martin Charles Armstrong
- **Administrators' firm:** La Business Recovery
- **Formerly:** Charles Rudgard Limited; Charles Michael Limited; Charles Michael Properties Limited
- **Incorporated:** 1986-04-25
- **Location:** West Byfleet
- **Industry:** 41100 Development of building projects

## Why it went into administration

- Cash flow / liquidity pressure
- Loss-making contracts / project overruns

## From the administrators' statement

Levy. In summary, the Company encountered cash flow difficulties and contract disputes which resulted in the Company’s inability to continue trading.

Overview of Financial Information

Summary balance sheets for the 12 months to 31 August 2014 and, 12 months to 31 August 2015 are shown below.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02014302/filing-history/MzE4OTIwMzgzM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02014302

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