New Vision Design & Construction Ltd (09385211): administration
- Status
- Administration ended
- Administration began
- 2019-12-20
- Administrators
- James Ronald Lumb, Howard Smith
- Administrators' firm
- KPMG
- Formerly
- S & L Building & Joinery Ltd
- Incorporated
- 2015-01-12
- Location
- Newcastle-upon-Tyne
- Industry
- 43390 Other building completion and finishing
Why it went into administration
- Cash flow / liquidity pressure
- Loss-making contracts / project overruns
- Sustained trading losses
From the administrators' statement
2.1 Background information The company was incorporated in January 2015.
The company fitted out bars and restaurants predominantly in the North-East of England but also in the Midiands and London.
The company had 23 employees and traded from Units 8 & 9 Bracken Hill South West Industrial estate, Peterlee, SR8 2LS.
Administrators' statement of proposals (2020-02-19) · Companies House register