Athena Civil Engineering Ltd (07352237): administration and why it failed

Athena Civil Engineering Ltd (07352237): administration

Status: Administration ended
Administration began: 2020-06-02
Administrators' firm: RSM
Incorporated: 2010-08-20
Location: Leeds
Industry: 42990 Construction of other civil engineering projects n.e.c.

Why it went into administration

COVID-19
Cash flow / liquidity pressure
Bad debts / customer insolvency
Weather / natural events

From the administrators' statement

Relevant extracts from the company’s audited financial statements and management accounts are summarised below.

Statutory a/c y/e 31/08/2018

Mngt a/c 01/09/2019 to 31/03/2020

Administrators' statement of proposals (2020-08-11) · Companies House register

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Athena Civil Engineering Ltd (07352237): administration

Why it went into administration

From the administrators' statement

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Athena Civil Engineering Ltd (07352237)