# Azure OIL Services Ltd (02856486)

> Why UK company 02856486 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02856486

- **Status:** Administration ended
- **Administration began:** 2016-09-13
- **Administrators:** Anthony Murphy
- **Administrators' firm:** Harrisons Business Recovery & Insolvency (London)
- **Formerly:** Falmouth OIL Services Limited; Falmouth OIL Services (1994) Limited; Speed 3846 Limited
- **Incorporated:** 1993-09-23
- **Location:** London
- **Industry:** 25110 Manufacture of metal structures and parts of structures

## Why it went into administration

- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract

## From the administrators' statement

History of the Business

Azure was incorporated in 1993. Historically, the Company’s main business was that of a marine fuel bunkerage business. This business was sold in 2010 The last filed statutory

financial accounts for the 12 months ended 31 December 2014 show that the Company made a loss of some £248,000

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02856486/filing-history/MzE2MjA0NDUyM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02856486

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.