F.G.Fennell & Company Limited (00924030): administration
- Status
- In administration
- Administration began
- 2023-12-12
- Administrators
- Andrew Andronikou, Grace Jones
- Administrators' firm
- Quantuma
- Incorporated
- 1967-12-01
- Location
- London
- Industry
- 43220 Plumbing, heat and air-conditioning installation
Why it went into administration
- Loss-making contracts / project overruns
From the administrators' statement
3.1 As stated above, the Director was advised by the Company’s accountant, Dallas Martin, to obtain professional advice on the financial position of both the Company and Lowestoft.
3.2 The Director contacted insolvency practitioners at PAL on 30 October 2023.
3.3. Andrew Andronikou of QAL was approached by PAL and introduced to the Company and Dallas Martin on 6 November 2023.
Administrators' statement of proposals (2024-02-05) · Companies House register