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Rtsoos Limited (02683218): administration

Status
Administration ended
Administration began
2014-02-28
Administrators
Kevin James Wilson Weir
Administrators' firm
Green File Accountants
Formerly
Shires Fire and Safety Limited
Incorporated
1992-01-31
Location
Salisbury
Industry
71200 Technical testing and analysis

Why it went into administration

From the administrators' statement

RTSOOS Limited (“the Company”) formerly Shires Fire & Safety Limited was founded in 1992 by Barry Mould and grew to become a leading fire protection and emergency systems company, providing a nationwide service with fully qualified and independently licensed team of fire technicians.

The Company was based at a Business Development Centre on Stafford Park for 17 years before moving to its current depot at Queensway Link Industrial Park on Stafford Park 17.

Since the sale of fire extinguishers really became successful on the internet the fire extinguisher market has become increasingly difficult which has seen a lot of businesses of a similar size to the Company reducing, prices to near break even or, actually loss making prices.

Administrators' statement of proposals (2014-04-24) · Companies House register

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Rtsoos Limited (02683218)

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