Retford Readymix Limited (07272321): administration
- Status
- Administration ended
- Administration began
- 2020-11-12
- Administrators
- Steven Wiseglass
- Administrators' firm
- The Insolvency Practitioner of Inquesta
- Incorporated
- 2010-06-03
- Location
- Manchester
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Creditor pressure / legal action
- COVID-19
From the administrators' statement
The Board of directors have provided information on the history of the Company and the events leading up to insolvency;
The Company was a supplier offering ready mix concrete and primary aggregates to the construction industry, builders and to the general public.
The Company has been able to trade and have recorded modest profits since it commenced trading but the real difficulties arose in March 2020 when the start of the Covid-19 pandemic began to severely affect the Company's turnover and impacted its ability to pay creditors on a timely basis.
Administrators' statement of proposals (2020-12-17) · Companies House register