Saul Brothers Limited (06739784): administration and why it failed

Saul Brothers Limited (06739784): administration

Status: Administration ended
Administration began: 2021-08-23
Administrators: Michael Robert Fortune, Carl Derek Faulds
Administrators' firm: Proudley Associates
Incorporated: 2008-11-03
Location: Fareham
Industry: 41100 Development of building projects

Why it went into administration

COVID-19
Creditor pressure / legal action
Brexit

From the administrators' statement

2.1 Saul Brothers Limited was incorporated in 2008 and was originally incorporated to undertake development projects. Peter James Saul and his brother lan Michael Saul were appointed as the directors. The company was initially dormant and commenced trading in 2010.

2.2

2.3

Administrators' statement of proposals (2021-10-05) · Companies House register

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