NBT Realisations Limited (03837483): administration
- Status
- Administration ended
- Administration began
- 2015-01-07
- Administrators' firm
- BDO
- Formerly
- Natural Building Technologies Ltd.
- Incorporated
- 1999-09-07
- Location
- Reading
- Industry
- 46130 Agents involved in the sale of timber and building materials
Why it went into administration
- Sustained trading losses
From the administrators' statement
2.1 The Company was incorporated on 7 September 1999. Its principal business activity was the distribution of energy efficient building fabric solutions, for both new build and retrofit markets, throughout the UK.
2.2 The Company traded from leasehold premises in Oakley, Buckinghamshire and employed 13 members of staff.
2.3 The financial statements for the year ended 31 December 2013 show that the Company achieved turnover of £1,763,105, generating a net profit of £1,185,101, however, this was after accounting for exceptional items totalling £1,676,000.
Administrators' statement of proposals (2015-02-12) · Companies House register