# Carisway Facilities Management Limited (01799249)

> Why UK company 01799249 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01799249

- **Status:** Administration ended
- **Administration began:** 2015-05-01
- **Administrators' firm:** FRP Advisory
- **Formerly:** Carisway Contract Cleaning Limited; Morangate Limited
- **Incorporated:** 1984-03-12
- **Location:** London
- **Industry:** 81299 Other cleaning services

## Why it went into administration

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

## From the administrators' statement

The Company was incorporated In March 1984 and operated nationally providing cleaning, security and waste services to a range of commercial, private and public sector customers It operated from premises in Fareham, Hampshire under license.

The Company has historically been loss making, generating net losses of £26k and £51k (per the unaudited annual and management accounts) for the financial years 2013 and 2014 respectively.

As a result of the above, the Company had experienced cash flow difficulties following the loss of a large contract with a university in late 2014.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01799249/filing-history/MzEyMzQyMjY1N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01799249

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