Excel Building & Developments Limited (08514481): administration
- Status
- Administration ended
- Administration began
- 2021-09-23
- Administrators' firm
- Antony Batty
- Incorporated
- 2013-05-02
- Location
- London
- Industry
- 42990 Construction of other civil engineering projects n.e.c.
Why it went into administration
- COVID-19
- Creditor pressure / legal action
- Loss-making contracts / project overruns
- Weather / natural events
- Loss of a key customer, supplier or contract
- Property / lease costs
- Sustained trading losses
- Management failings / irregularities
- Brexit
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the directors of the Company and not from my personal knowledge as Administrator.
Excel Building & Developments Limited (“The Company” or “Excel”) was formed in 2013. The Company was initially set up by Reece Cahill who had over twenty years of hands-on experience in the Construction Industry. Silvia Cahill was later appointed in 2015 with a strong background in Human Resources and Health and Safety in the Workplace.
The Company was initially funded by the directors and traded from a purpose-built office at their home address.
Administrators' statement of proposals (2021-11-16) · Companies House register