Traffic and Commercial Signs Limited (02710008): administration
- Status
- Administration ended
- Administration began
- 2014-06-26
- Formerly
- FBC 145 Limited
- Incorporated
- 1992-04-27
- Location
- Droitwich
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Bad debts / customer insolvency
- Creditor pressure / legal action
- Loss-making contracts / project overruns
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Statement from Director
I started the Company in 1992 following 20 months approximately of a start- up company called FDI Roadsigns Lmited who had 5 bosses which resulted in differing opinions ~The business started with 8 people rising to 23 at the highestlevel Management remained the same throughout with the exception of Systems, Health & Safety and Quality Managers
The main business was to manufacture and install traffic signs and latterly the installation of street hghting We operated in mainland England & Wales The staff employed had many years of experience within the road traffic industry both tn manufacturing and commercial operatrons
Administrators' statement of proposals (2014-08-14) · Companies House register