Ocean Integrated Services Limited (01105443): administration and why it failed

Ocean Integrated Services Limited (01105443): administration

Status: Administration ended
Administration began: 2016-06-08
Administrators' firm: RSM
Formerly: Ocean Contract Cleaning Limited; Ocean Office Cleaning Services Limited
Incorporated: 1973-03-30
Location: London
Industry: 96090 Other service activities n.e.c.

Why it went into administration

HMRC / tax arrears
Creditor pressure / legal action
Competition / price pressure
Cash flow / liquidity pressure

From the administrators' statement

Relevant extracts from the Company's audited financial statements and management accounts are

summarised below

Batance Sheet

Administrators' statement of proposals (2017-01-18) · Companies House register

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Ocean Integrated Services Limited (01105443): administration

Why it went into administration

From the administrators' statement

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Ocean Integrated Services Limited (01105443)