# Conex Data Communications Limited (02125749)

> Why UK company 02125749 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02125749

- **Status:** Administration ended
- **Administration began:** 2012-01-23
- **Administrators' firm:** RSM
- **Formerly:** Alertfinal Limited
- **Incorporated:** 1987-04-24
- **Location:** Newcastle upon Tyne
- **Industry:** 6420

## Why it went into administration

- Sustained trading losses

## From the administrators' statement

The Company was established over 24 years ago to offer comprehensive design, installation and maintenance services for all aspects of local and wide area networks

The Company traded successfully for many years and was subject to a management buy-out (“MBO”) two years ago Since the MBO turnover has steadily declined as a result of general economic conditions

The Director believed that there was an on-going business however as a result of the Company’s inability to reduce overheads quickly enough as turnover declined, it would have been difficult to rescues the business outside and Administration procedure

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02125749/filing-history/MzA1MjE2MTg5NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02125749

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