SWR Construction Group Ltd (08676057): administration and why it failed

SWR Construction Group Ltd (08676057): administration

Status: Administration ended
Administration began: 2016-12-14
Administrators: Diana Frangou, Mark Guy Boughey
Administrators' firm: RSM
Formerly: South Wales Roofing & Property Maintenance Ltd; CPM Premier Solutions Limited
Incorporated: 2013-09-04
Location: Bristol
Industry: 96090 Other service activities n.e.c.

Why it went into administration

Funding withdrawn / unable to refinance
Loss of a key customer, supplier or contract
Over-expansion / investment not recovered
Competition / price pressure

From the administrators' statement

Relevant extracts from the Company's unaudited financial statements to 30 September 2016 are

summarised below

Profit and foss account to 30 September 2016

Administrators' statement of proposals (2017-02-15) · Companies House register

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SWR Construction Group Ltd (08676057): administration

Why it went into administration

From the administrators' statement

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SWR Construction Group Ltd (08676057)