Pennine Environmental Services Limited (01161956): administration
- Status
- Administration ended
- Administration began
- 2020-10-07
- Administrators
- Sean Williams, Philip Deyes
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1974-03-05
- Location
- Leeds
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- COVID-19
- Sustained trading losses
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated on 5 March 1974, and commenced trading shortly thereafter. Since its incorporation the Company specialised in the manufacture and servicing of refrigeration solutions to the food and drinks industry. The Company had two main strands of its business, that of manufacture and installation, and servicing of units
The director advised that the Company traded well for a number of years, generating sales in both the UK and
overseas markets. Following recent changes in legislation in the USA, the director considered that this market was a potential growth area for the Company.
Administrators' statement of proposals (2020-11-18) · Companies House register