Brompton Cross Construction Limited (05744413): administration
- Status
- Administration ended
- Administration began
- 2022-11-03
- Administrators
- Francis Gavin Savage, Bai Cham
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2006-03-15
- Location
- Chatham
- Industry
- 41100 Development of building projects
Why it went into administration
- COVID-19
- Weak consumer demand
- Creditor pressure / legal action
- Rising costs / inflation
- Brexit
From the administrators' statement
The Company was incorporated on 15 March 2006 by Mr Mohamad Chbib, one of the Company’s present directors, to serve residential owners wishing to renovate and upgrade their properties. The Company’s first project was a home on Brompton Road on an intersection known as ‘Brompton Cross’.
The initial principal business of the Company was home refurbishments, but then it swiftly moved to upgrades and enhancements including multi-level basements with pools, saunas, game rooms, elaborate ballrooms and ornate chandeliered halls with the finest fittings and furnishings. The Company’s project values typically ranged from £300,000 to £2,500,000, but it has also completed projects as high as £17m.
The Company’s operations pre Covid-19 pandemic produced profits that resulted in the recruitment of additional staff, moving to a new trading premises in High Street Kensington and the adoption of a new and more sophisticated cloud-based construction ERP system, as well as the development of operations and processes that resulted in several systems and accreditations including:
Administrators' statement of proposals (2022-12-13) · Companies House register