Henley Construct Limited (06727567): administration
- Status
- Administration ended
- Administration began
- 2023-04-14
- Formerly
- Reis Construct Limited
- Incorporated
- 2008-10-20
- Location
- Chatham
- Industry
- 41100 Development of building projects
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
From the administrators' statement
2.1. Creditors should note that, unless otherwise stated, this section of my proposals has largely been prepared based on information provided to me by the directors of the Company, or obtained from its records and not from my contemporaneous personal knowledge.
2.2. The Company was incorporated on 20 October 2008 and operated as a construction contractor. At the date of administration, the Company was controlled by Kashif Usmani and Tariq Usmani (“Directors” or the “Board”) and the Company’s issued share capital of 15,000 ordinary shares is held in equal proportions by Tariq Usmani, Kashif Usmani and Shafiq Malik, a former director.
2.3. The business operated as the construction delivery arm of the Henley group of companies (associated companies are referred to generally herein as “Group” companies, notwithstanding they may not in fact be part of a recognised group for tax and/or accounting purposes) and its main business in recent years has been in acting as main contractor on large scale residential projects for housing associations in London and the South East.
Administrators' statement of proposals (2023-06-15) · Companies House register