D W Roberts Construction Limited (02374286): administration and why it failed

D W Roberts Construction Limited (02374286): administration

Status: Administration ended
Administration began: 2011-04-11
Administrators' firm: Baker Tilly Restructuring and Recovery
Formerly: Nesfield Limited
Incorporated: 1989-04-20
Location: Birmingham
Industry: 4521

Why it went into administration

Sustained trading losses
Weak consumer demand
Bad debts / customer insolvency
Loss-making contracts / project overruns
Competition / price pressure

From the administrators' statement

Relevant extracts from the Company’s audited financial statements and management

accounts are summarised below

y/e 31/03/2010 y/e 31/03/2009 Filed — Audited Filed - Audited

Administrators' statement of proposals (2011-06-07) · Companies House register

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D W Roberts Construction Limited (02374286): administration

Why it went into administration

From the administrators' statement

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D W Roberts Construction Limited (02374286)