Redhill Analysts Limited (02962375): administration and why it failed

Redhill Analysts Limited (02962375): administration

Status: Administration ended
Administration began: 2016-07-21
Administrators: Steven Martin Stokes, Raj Mittal
Administrators' firm: FRP Advisory
Formerly: Crayrealm Limited
Incorporated: 1994-08-25
Location: Birmingham
Industry: 71200 Technical testing and analysis

Why it went into administration

Cash flow / liquidity pressure
Sustained trading losses
Funding withdrawn / unable to refinance

From the administrators' statement

• The Company was incorporated in 1994 and has since traded as a risk management consultancy business specialising in the area of asbestos

• The Company operates from seven leasehold sites and one freehold site located across the UK

• The Company's registered office is Unit 1 Dean House Farm, Church Road, Newdigate, Dorking, Surrey, RHS SDL

Administrators' statement of proposals (2016-08-02) · Companies House register

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