ES Realisations 2017 PLC (02039233): administration
- Status
- Administration ended
- Administration began
- 2017-11-08
- Administrators
- Neil David Gostelow, William James Wright
- Administrators' firm
- KPMG
- Formerly
- Emprise Services PLC; Emprise Services Limited; Emprise Services PLC; Emprise Services Limited; Emprise Services PLC; Ingleby (161) Limited
- Incorporated
- 1986-07-21
- Location
- London
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Competition / price pressure
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 21 July 1986. The Company was a facilities management services provider based in London delivering services such as cleaning and security to clients nationwide, principally in the commercial and leisure sectors (such as gyms, offices and theatres). The Company had turnover of c.£67 million in the latest filed statutory accounts to June 2016, and employed c.3,500 staff.
3.2. Funding and financial position of the Company
At the date of administration the Group was funded by:
Administrators' statement of proposals (2018-01-05) · Companies House register