Opco Limited (04252113): administration
- Status
- Administration ended
- Administration began
- 2013-06-17
- Administrators
- Neil David Gostelow, Robert Andrew Croxen
- Administrators' firm
- KPMG
- Formerly
- Nevrus (884) Limited
- Incorporated
- 2001-07-13
- Location
- Reading
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
The Company was incorporated in 2001 and provided design and technical services to the construction industry from an office in Cardiff, working on projects in the private and public sector with project values ranging from £250,000 to over £50 million
Projects undertaken included new builds, extensions, refurbishments and fit outs, working across a broad range of sectors
The Company turned over £306 million in the financial year to 31 August 2011, with profit after tax of £92,000, and employed 55 staff The impact of the economic downturn on the construction sector resulted in difficult trading conditions and hquidity tssues
Administrators' statement of proposals (2013-08-13) · Companies House register