Regal Carpentry Contractors Limited (03144934): administration
- Status
- Administration ended
- Administration began
- 2013-12-20
- Administrators' firm
- Mazars
- Incorporated
- 1996-01-11
- Location
- Milton Keynes
- Industry
- 41100 Development of building projects
Why it went into administration
- Loss-making contracts / project overruns
- Property / lease costs
- Sustained trading losses
From the administrators' statement
The company was incorporated in 1996 and traded from leased premises in Bedford as carpentry contractors and timber frame erectors to both the commercial and domestic markets Pnior to incorporation, the directors had traded in partnership since 1990
There have been turbulent market conditions in the construction imdustry over recent years and the company had seen its turnover decline from £5 7m in 2010/2011 to £44m in 2012/2013 A summary of the company’s profit and loss account for the years ended 31 May 2012, 31 May 2013 and six months ended 30 November 2013 1s shown below
6 months
Administrators' statement of proposals (2014-02-11) · Companies House register