Airedale Mechanical and Electrical Limited (01787584): administration
- Status
- Administration ended
- Administration began
- 2012-07-16
- Administrators
- Mark Granville Firmin, Howard Smith, David James Costley-Wood
- Administrators' firm
- KPMG
- Formerly
- Airedale Plumbing and Heating Company Limited
- Incorporated
- 1984-01-31
- Location
- Leeds
- Industry
- 4533
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company appeared to be trading profitably in the early part of 2012, but was experiencing severe cash flow difficulties by June
The Directors stated that these pressures were the result of the following factors
• Falling profitability, as a result of well-documented margin pressures within the construction industry,
Administrators' statement of proposals (2012-09-13) · Companies House register