T P Technology Limited (02307683): administration
- Status
- Administration ended
- Administration began
- 2011-12-14
- Administrators
- Anthony R Fanshawe, Francis Gavin Savage
- Administrators' firm
- Begbies Traynor
- Formerly
- T P Technology Public Limited Company; Highdown Investment Management Limited; Hallowman Limited
- Incorporated
- 1988-10-20
- Location
- Southampton
- Industry
- 7487
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Company owned the Tarn-Pure™ brand, and manufactured, sold, installed, sermced and maintained Tam-Pure equipment The Company had pioneered copper-silver ionsation since 1981, when the inital application was for swimming pools In the mid-1980s it was realised that copper-siver tonisation could make a major contnbuton to the control and elimination of legronella, E-Coli, Pseudomonas and other water-bome organisms and bactena in water systems Since then, the Company has been associated with the development of copper-silver ionisation as a biocide for the control and elminaton of legionella and other water-borme bactena
The Company operated from leasehold premises in High Wycombe, Buckinghamshwe employng 10 employees Over the years the Company has won business from a wide vanety of senous and prestigious customers, including the Sanctuary Housing Group, the Leicester Royal Infimary and, most recently, London’s newest Iconic office building, The Shard
The Company had a tumover of £665,000 for the year ending 31 March 2011, with a net loss of £89,000 and In the 7 months to 31 October 2011 had a tumover of £427,000 with a net profit of £12,000
Administrators' statement of proposals (2012-01-23) · Companies House register