# KC Realisations (2019) Limited (04248500)

> Why UK company 04248500 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04248500

- **Status:** Administration ended
- **Administration began:** 2019-01-31
- **Administrators:** Andrew John Duncan, Alex David Cadwallader
- **Administrators' firm:** Leonard Curtis
- **Formerly:** Kestrel (Contractors) Limited; Kestrel Golf Limited; Kestrel Golf & Sport Limited
- **Incorporated:** 2001-07-09
- **Location:** London
- **Industry:** 43999 Other specialised construction activities n.e.c.

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure

## From the administrators' statement

The Company traded as part of a group of companies, together with KCGL. KCGL was formed first, being incorporated in June 1994, following which the Company was incorporated in July 2001 The Company is a wholly owned subsidiary of KCGL

The Company operated as sports ground contractors carrying out small to large ground contracts including sports pitch construction, renovation works and land drainage for a wide range of sports throughout the UK. The Company has invested significantly in new techniques relating to the latest generation artificial football, rugby and hockey surfaces, whilst maintaining the ability to install and maintain natural grass sports surfaces.

The Company has a long list of established and high profile clients ranging from professional rugby/football clubs, schools/colleges, amateur sports clubs, local authorities and government contractors

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04248500/filing-history/MzIyODQ3MzQ5NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04248500

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.