Steadman Environmental Control Limited (02828081): administration and why it failed

Steadman Environmental Control Limited (02828081): administration

Status: Administration ended
Administration began: 2017-05-10
Administrators: Terence Guy Jackson, Matthew Richard Meadley Wild
Administrators' firm: RSM
Incorporated: 1993-06-17
Location: Crawley
Industry: 25620 Machining

Why it went into administration

Cash flow / liquidity pressure
Creditor pressure / legal action

From the administrators' statement

Relevant extracts from the Company’s audited financial statements and management accounts are summarised below:

Year ended 30 Year ended 31 Year ended 31| Year ended 30 April

October 2014 October 2015; October 2016* 2017")

Administrators' statement of proposals (2017-07-13) · Companies House register

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Steadman Environmental Control Limited (02828081): administration

Why it went into administration

From the administrators' statement

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Steadman Environmental Control Limited (02828081)