Kenham Building Limited (03480917): administration
- Status
- Administration ended
- Administration began
- 2024-01-09
- Administrators
- Cameron Gunn, Christopher James Farrington
- Administrators' firm
- ReSolve
- Incorporated
- 1997-12-10
- Location
- London
- Industry
- 41202 Construction of domestic buildings
Why it went into administration
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Loss-making contracts / project overruns
- Sustained trading losses
From the administrators' statement
Background (Based upon information provided by the Company’s directors)
The Company was incorporated in December 1997 by Graham Hedger and Ken Duncan, who have extensive experience in the property and construction industry and provided the initial funding to allow the business to commence trading. The Company grew organically throughout its life cycle and did not require third party funding as it was able to re-invest earnings in future projects.
At the time of the Administration, the Company employed a core workforce of 12 full-time employees who were situated at the Company’s leased office in West London. The majority of the Company’s construction projects were internally sourced, which therefore limited expenditure of the business from outsourcing to locate new clients. The Company worked on a wide range of construction projects in London and surrounding areas such as the Cotswolds, Surrey, and Berkshire, focusing mainly on high-end residential and commercial projects. Other projects included general maintenance work as well as works within the retail and hotel industry.
Administrators' statement of proposals (2024-05-10) · Companies House register