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Rivet Holdings Limited (03964700): administration

Status
Administration ended
Administration began
2025-02-25
Administrators
Kirsty Swan, Conrad Alan Beighton
Administrators' firm
Leonard Curtis
Formerly
4Portableaccomodation.Com Limited
Incorporated
2000-04-05
Location
Birmingham
Industry
46900 Non-specialised wholesale trade

From the administrators' statement

The Company, trading as Rivetwise, was incorporated on 5 April 2000 as a wholesaler of fasteners and tools, particularly specialising in rivet tools. The Company also provided expertise and specialist solutions, with bespoke tool maintenance programmes and repair workshops.

The current directors are Sean Keeley and Brendan Keeley. The sole shareholder is Sean Keeley. The Company traded from a leasehold premises located at Unit 3 Keys Park Road, Hednesford, Cannock, WS12 2HA. This was also the Company’s registered office. The Company’s trading premises was a combined workshop and office space.

The Company has historically traded well. In 2022, a member of staff raised fictitious invoices in respect of the invoice finance facility with HSBC Invoice Finance Limited. In addition to this, the same member of staff embezzled money from the Company by way of false overtime payments. As a result, the Company had to find short term solutions and sought various loans.

Administrators' statement of proposals (2025-03-20) · Companies House register

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Rivet Holdings Limited (03964700)

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