Maintaining Environments Limited (02638501): administration
- Status
- Administration ended
- Administration began
- 2022-11-25
- Administrators
- Jamie Taylor, Gary Paul Shankland
- Administrators' firm
- Begbies Traynor
- Formerly
- Working Environments Wessex Limited; John Carter (Salt Lane) Limited; Factorexpand Limited
- Incorporated
- 1991-08-16
- Location
- London
- Industry
- 43210 Electrical installation
Why it went into administration
- Creditor pressure / legal action
- COVID-19
- HMRC / tax arrears
- Rising costs / inflation
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Parent or group failure
- Brexit
From the administrators' statement
The Companies formed part of a group of companies known as the TEPE Group (“the Group”) which predominantly comprises Mechanical and Electrical (““M&E”) contractors providing M&E building services.
The parent company of the Group is TEPE. TEPE has 7 direct subsidiaries of which the remaining of the Companies are the Group’s principal trading entities.
The Group began in 1975 with the incorporation of Working Environments Ltd, (whose name was changed in 1993 to the Environmental & Process Engineering Group Ltd & to TEPE Group Ltd in 2009 before being dissolved in 2018). In 2006 this company was purchased by Lucy B Ltd (later TEPE) by a group including current Chief Executive of the Group, Lee Pickering.
Administrators' statement of proposals (2023-01-24) · Companies House register