Jameson and Harrison Security Limited (02062725): administration
- Status
- Administration ended
- Administration began
- 2016-04-08
- Administrators' firm
- KPMG
- Formerly
- The Shield Guarding Company Limited; Barchase Limited
- Incorporated
- 1986-10-09
- Location
- Liverpool
- Industry
- 80100 Private security activities
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- HMRC / tax arrears
From the administrators' statement
The Company provided security services to government departments and private organisations across the UK The Company advised that it and a sister entity, Remax Security Limited - in Administration (formerly known as TSG Security Limited) (“Remax”) collectively employed approximately 750 staff at the date of appointment of the Joint Administrators
The Directors of the Company and Remax actively sought a sale of the business throughout 2015, however this was unsuccessful Cash flow pressures in early 2016 led the Directors to seek to expedite a sale of the business or face closure
A winding up petition was issued against the Company on 11 March 2016 by HM Revenue and Customs in the amount of £122,708 A further winding up petition was issued in early March 2016 against the Company by B&HS Management Limited in the amount of £9,439 40 The B&HS Management Limited petition was settled by the Company and subsequently dismissed by the Court
Administrators' statement of proposals (2016-05-05) · Companies House register