Rivendell Investments Limited (03771837): administration
- Status
- Administration ended
- Administration began
- 2012-03-14
- Incorporated
- 1999-05-17
- Location
- London
- Industry
- 4521
Why it went into administration
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated in May 1999 to provide construction services for private, commercial and industrial clents The company grew rapidly in the early days with turnover peaking in 2009 Thereafter, as the recession took hold, turnover and profitability declined Trading results from the statutory accounts for recent periods are summarised below
Years ended 31 Ma’ 2008 a OS OY > as OO ( 11,643,096 [13,925,164 [10,829,381 Lo
es ee Gross Profit 1,189,046 1,452,683 1,415,967
Administrators' statement of proposals (2012-05-16) · Companies House register