Freshteam Limited (02364858): administration
- Status
- Administration ended
- Administration began
- 2011-11-21
- Administrators
- Christopher Morris, Neil John Mather
- Administrators' firm
- Begbies Traynor
- Formerly
- Lifting Equipment Engineers Limited
- Incorporated
- 1989-03-22
- Location
- London
- Industry
- 7260
Why it went into administration
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated in 1989 and Is a configuration and implementation service provider in the IT sector The Company provided subcontract services to tts customers which enabled them to deliver their products and services to end-users, including national supermarket groups and major banks The Company's primary activities revolved around configuring and installing electronic tills and other point of sale equipment in retail chains, and configuration and installation of ATM's for banks
The Company's offices are in Stevenage and as at the date the Company entered into administration it employed 23 people The Company also used the services of up to 40 sub-contractors on a regular basis
The Company's main customers were historically Wincor Nxorf Limited ("WN") and Fujitsu Limited (“Fujitsu”) WN accounted for approximately 55% of the Company's total turnover, with Fujitsu accounting for approximately 35%
Administrators' statement of proposals (2012-01-04) · Companies House register