Richwood London Limited (09027822): administration
- Status
- Administration ended
- Administration began
- 2017-01-30
- Administrators
- Mark Elijah Thomas Bowen
- Administrators' firm
- PwC
- Incorporated
- 2014-05-07
- Location
- Droitwich
- Industry
- 31090 Manufacture of other furniture
Why it went into administration
- Loss of a key customer, supplier or contract
- Property / lease costs
From the administrators' statement
¢ — Financtal support for Crystal Finishers depleted money reserves held by the company « Main Contractor on a Hotel project refused to pay for work completed on the project and significantly reduced the price of the project value
Other insolvency proceedings — Richwood Contracts Ltd was put into liquidation on 13°" December 2016 after the manager and his assistant left the business and set up their own concern in Exeter taking with them all external customers and on-going contracts
The above history has been prepared and submitted by the company director{s} and replicated in this report as presented by them
Administrators' statement of proposals (2017-02-24) · Companies House register