Margrange Limited (02609096): administration
- Status
- Administration ended
- Administration began
- 2021-12-09
- Incorporated
- 1991-05-09
- Location
- Carlisle
- Industry
- 43210 Electrical installation
Why it went into administration
- COVID-19
- Creditor pressure / legal action
- Bad debts / customer insolvency
From the administrators' statement
The Company was formed in 1991 and initially undertook domestic and small commercial work in West Cumbria. In a relatively short time the reputation of the Company grew. This led to a steady expansion of the Company, both in the number of employees and client portfolio. The Company originally operated out of a lock up garage facility and moved into purpose built premises in 2016.
The Company provided a number of electrical and engineering services throughout the domestic, industrial, commercial and agricultural sectors.
The turnover of the business grew from £2,187,686 for the year ended 31 May 2016 to £2,934,270 by the year ended 31 May 2020.
Administrators' statement of proposals (2022-04-14) · Companies House register