Clover Controls Limited (02732700): administration
- Status
- Administration ended
- Administration began
- 2021-07-30
- Administrators
- Sean Williams, Iain David Nairn
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1992-07-20
- Location
- Gateshead
- Industry
- 27900 Manufacture of other electrical equipment
Why it went into administration
- COVID-19
- Creditor pressure / legal action
- Competition / price pressure
- Cash flow / liquidity pressure
- Loss-making contracts / project overruns
- Sustained trading losses
- Management failings / irregularities
- Weather / natural events
From the administrators' statement
The Company was incorporated on 20 July 1992 by its two current directors, Paul Jackson and Gordon Brown. Both directors had previously held the positions of Northern Regional Sales Manager and Regional Service Manager, respectively, at Landis & Gyr, a worldwide controls company based out of Switzerland.
Frustrated with the politics of a large company, the directors wanted to run a business which had a more customer based approach to their potential customers with a local client base.
The Company commenced trading immediately following incorporation with its principal activity being the manufacture of electrical equipment.
Administrators' statement of proposals (2021-09-30) · Companies House register