Read Associates Limited (06076872): administration
- Status
- Administration ended
- Administration began
- 2014-06-30
- Administrators
- Gordon Craig
- Administrators' firm
- Refresh Recovery
- Incorporated
- 2007-02-01
- Location
- London
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
From the administrators' statement
On 1 February 2007 the Director incorporated the Company, as the sole shareholder, in order to undertake the construction and development of offices The Director had leamt the trade from his father, who assisted him with the growth of the Company
The Company would always work as the main contractor and would utilise sub-contractor staff as and when needed on each contract Each contract was of a “bespoke” nature and tailored to what the chent needed
In May 2009 the Company purchased its business premises at Unit H2, Cassidy Court, Salford, Manchester, M50 2QW, which was financed by the Bank who placed a legal charge over the property The Company used this property as its office base and storage, but also had a second leasehold property at Kansas Avenue, Salford which tt used as a workshop in order to build its bespoke furniture and fittings
Administrators' statement of proposals (2014-08-14) · Companies House register