Cdvre Holdings Ltd (09232551): administration and why it failed

Cdvre Holdings Ltd (09232551): administration

Status: Administration ended
Administration began: 2022-03-10
Administrators' firm: RSM
Incorporated: 2014-09-24
Location: Manchester
Industry: 68209 Other letting and operating of own or leased real estate

Why it went into administration

Property / lease costs
Creditor pressure / legal action

From the administrators' statement

Relevant extracts from the Company’s financial statements are summarised below.

Period ended September 2020 | September 2019 | September 2018 (£) (£) (£)

Tangible Assets 1,716,845 1,675,264 1,998,412

Administrators' statement of proposals (2022-05-03) · Companies House register

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Cdvre Holdings Ltd (09232551): administration

Why it went into administration

From the administrators' statement

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Cdvre Holdings Ltd (09232551)