Restoration and Construction Services Limited (07604772): administration
- Status
- Administration ended
- Administration began
- 2012-05-23
- Administrators
- Paul Robert Boyle, David Michael Clements
- Administrators' firm
- Harrisons Business Recovery and Insolvency
- Incorporated
- 2011-04-14
- Location
- Reading
Why it went into administration
- Weather / natural events
- Cash flow / liquidity pressure
From the administrators' statement
This narrative history contained within section 4 1 of this report ts provided from information extracted during discussions with one or a number of the Directors or former Directors of the Company, unless indicated otherwise. This 1s not representative of the Joint Administrators’ opinion or direct experience, nor are we able to account for its accuracy.
We have been advised that the Company commenced trading in July 2011 from leased premises at The Partridge Pens, Chilbolton Down Farm, providing building and restoration services to both domestic and commercial clients to the insurance industry Working capital totalling £92,000 was provided by DS from personal funds and by way of a loan from Darren Churchill ‘DC’, who also during trading, on two occasions, acted as a consultant to the Company
The client base appears to have consisted mainly of loss adjusters, loss assessors, insurers, housing associations, local authorities, surveying companies and construction companies, with it providing a variety of services including surveying, butlding works, fire and flood restoration, damage mitigation and storage
Administrators' statement of proposals (2012-07-20) · Companies House register