R&W Civil Engineering files administration notice
R&W Civil Engineering has filed a notice of intention to appoint an administrator.
The court notice was lodged last week by the civils contractor which has been operating across the south of England since 1981.
Two years ago its is specialist R&W Rail arm was shut down after suffering heavy losses.
Latest accounts for R&W Civil Engineering for the year to March 31 2002 show a turnover of £31.8m generating a pre-tax profit of £876,000.
At the time of the accounts being filed the company employed 122 staff and owed £3.5m to trade creditors.
Data and credit checking specialist Red Flag Alert highlighted the firms’ administration notice with its regular checks of high court construction insolvency applications.
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