# Glenevin Ltd (08397690)

> Why UK company 08397690 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08397690

- **Status:** Administration ended
- **Administration began:** 2024-09-06
- **Administrators:** Gareth Harris, Lee Van Lockwood
- **Administrators' firm:** RSM
- **Formerly:** Glenevin Construction Ltd
- **Incorporated:** 2013-02-11
- **Location:** Leeds
- **Industry:** 42220 Construction of utility projects for electricity and telecommunications

## Why it went into administration

- Funding withdrawn / unable to refinance
- Sustained trading losses

## From the administrators' statement

Relevant extracts from the Company’s annual financial statements for FY21 to FY23 and management accounts for FY23 and FY24 are summarised below.

£m FY21 FY22 FY23 FY24 Revenue 20.7 38.2 45.5 25.4 Gross Profit 4.2 8.2 7.9 2.7 EBITDA 1.5 2.9 0.2 (1.8) Net Assets 2.5 4.5 3.7 0.1

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08397690/filing-history/MzQzNTQ1NzYyNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08397690

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.