E.I.C. Limited (01086295): administration
- Status
- Administration ended
- Administration began
- 2016-06-16
- Administrators
- Catherine Williamson, Kevin James Coates
- Administrators' firm
- AlixPartners
- Formerly
- Electrical Industrial Contractors(Stratford On Avon)Limited
- Incorporated
- 1972-12-12
- Location
- Manchester
- Industry
- 81100 Combined facilities support activities
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- HMRC / tax arrears
- Competition / price pressure
From the administrators' statement
31 The Company was a national building services and facilities management provider specialising in all aspects of electrical, mechanical and building works Specifically, it was the provider of facilities management (hard services), building services, fast track retail, energy and sustainability, project management and design
32 The Company was incorporated in 1972 and operated as the trading entity of the wider EIC corporate group, which included EIC Group Holdings Limited, EIC Bidco Limited, EIC (Holdings) Limited and EIC (Properties) Limited (Properties) (together the Group)
33 The Company was headquartered at leasehold premises in Alcester, with an additional seven premises serving as regional offices across the UK Two of these properties were owned by Properties, including the head office The Company itself did not own any freehold property
Administrators' statement of proposals (2016-08-11) · Companies House register