Rapid Residential Ltd (08528701): administration
- Status
- Administration ended
- Administration began
- 2025-05-19
- Administrators' firm
- Menzies
- Formerly
- Bishop Index Ltd
- Incorporated
- 2013-05-14
- Location
- London
- Industry
- 41100 Development of building projects
Why it went into administration
- COVID-19
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Rising costs / inflation
- Property / lease costs
- Competition / price pressure
From the administrators' statement
2.1 Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided to me by the director of the Company and not from my personal knowledge as Joint Administrator.
2.2 The Company was incorporated on 14 May 2013 as Bishop Index Ltd by Andrew Jackson, however remained dormant until 2016.
2.3 In January 2016, the Company was renamed and restructured to trade as Rapid Residential Limited to facilitate the development of building projects. The founding team were made up of the following individuals: John Elves, an architect with a background in innovative design, Katherine Whyatt, a property letting and maintenance specialist and Leslie Burnip. They were appointed directors of the Company on 25 January 2016, 17 April 2018 and 21 February 2016, respectively.
Administrators' statement of proposals (2025-07-15) · Companies House register