Paragon Construction Group Limited (04211426): administration and why it failed

Paragon Construction Group Limited (04211426): administration

Status: Administration ended
Administration began: 2016-03-11
Administrators: Lindsey J Cooper, Jeremy Nigel Ian Woodside
Administrators' firm: RSM
Formerly: Paragon Building Services (ST Helens) Ltd
Incorporated: 2001-05-04
Location: Lichfield
Industry: 41201 Construction of commercial buildings

Why it went into administration

Cash flow / liquidity pressure
Creditor pressure / legal action

From the administrators' statement

Relevant extracts from the Company's audited financial statements and management accounts are summarised below

It should be noted that the management accounts for the latest period are draft only and have not been reconciled or audited

Profit & Loss Account

Administrators' statement of proposals (2016-04-21) · Companies House register

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