Project7 Construction Ltd (04467754): administration
- Status
- Administration ended
- Administration began
- 2021-12-21
- Administrators
- Philip Lewis Armstrong, Geoffrey Paul Rowley
- Administrators' firm
- FRP Advisory
- Formerly
- PHD Special Projects Limited
- Incorporated
- 2002-06-24
- Location
- London
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Loss-making contracts / project overruns
- Sustained trading losses
- Rising costs / inflation
- Supply chain disruption
- Cash flow / liquidity pressure
From the administrators' statement
The Company is a Logistics, construction, refurbishments, and fit-outs Company in the commercial, residential and events sectors and operated from leasehold premises in Uxbridge, Middlesex.
The Company was incorporated on 24 June 2002 with the former registered office at 54 Oxford Road, Denham, Uxbridge, UB9 4DN.
The Company had 5 employees. and traded as a family run business since incorporation. jThe Company achieved annual turnover of £15.5m in the year to March 2021. The managing director of the company is Danny Dwyer.
Administrators' statement of proposals (2022-02-22) · Companies House register