# Apex Electrical Solutions Limited (02632437)

> Why UK company 02632437 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02632437

- **Status:** Administration ended
- **Administration began:** 2014-07-14
- **Administrators:** Howard Smith, Jonathan Charles Marston
- **Administrators' firm:** KPMG
- **Formerly:** Apex Electrical Distribution Ltd; Gwenterprise Ltd.
- **Incorporated:** 1991-07-25
- **Location:** Newcastle upon Tyne
- **Industry:** 46520 Wholesale of electronic and telecommunications equipment and parts

## Why it went into administration

- Competition / price pressure
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Credit insurance / supplier credit withdrawn

## From the administrators' statement

The Company was incorporated on 25 July 1991 and traded as an electrical wholesaler and lighting distributor from an industnal unit at Follingsby Park, Gateshead, Tyne & Wear

The Company had 15 employees at the date of our appointment

2.2 Funding of the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02632437/filing-history/MzEwNzY3OTI5OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02632437

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