CCPM Realisations Limited (03819520): administration
- Status
- Administration ended
- Administration began
- 2012-02-16
- Administrators
- Paul William Harding, Mark Elijah Thomas Bowen
- Administrators' firm
- Opus Restructuring
- Formerly
- Concept (Commercial) Project Management Ltd; Concept Project Management (Midlands) Limited
- Incorporated
- 1999-08-04
- Location
- Birmingham
- Industry
- 7487
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
The Company was incorporated n1999 and tt’s core services were that of managing building projects and carried on business successfully for several years
Since about 2008, as a result of the general economic downturn the Company's fee income had dectined fram some £2 8 million in 2007 to some £700,000 in 2011 This was mainly due to the general recession and reduction in Government investment tn the health and education sectors
In March 2010 the Company was formally notified of a Professional Indemnity claim tn relation to events that took place in 2008 The insured sum is some £7 milhon Its unknown when tms matter will be resolved but would cause uncertainty to the Company's client base and would have put further pressure on future fee income
Administrators' statement of proposals (2012-04-17) · Companies House register