# Auto Electrical Services (Manchester) Limited (01718701)

> Why UK company 01718701 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01718701

- **Status:** Administration ended
- **Administration began:** 2014-08-29
- **Administrators:** Stephen Gerard Clancy, Steven Muncaster
- **Administrators' firm:** Kroll
- **Formerly:** Cottageweb Limited
- **Incorporated:** 1983-04-27
- **Location:** Manchester
- **Industry:** 29310 Manufacture of electrical and electronic equipment for motor vehicles and their engines

## Why it went into administration

- Loss of a key customer, supplier or contract
- Competition / price pressure
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses

## From the administrators' statement

By early 2074, despite efforts to increase its customer base and turnover with these customers, the Company had become reliant on large volume orders specifically from the NHS These volume orders had very tight margins attached to them and where problems arose, the | profitability of these contracts diminished or in several cases become loss making

As a result of restrictions with space at the Company’s trading premises and the lack of specific labour, the Company lost the ability to keep trading with North West Ambulance Service, as this customer was moving Its operation to a new framework This significant customer and the loss of the contract resulted In a significant gap in the forecasted sales position

The Company once again began to experience creditor pressure Formal and informal agreements were re-entered into with HMRC and other trade creditors

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01718701/filing-history/MzExMDE4MTkxOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01718701

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.