# Airedale Environmental Services Ltd. (02869912)

> Why UK company 02869912 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02869912

- **Status:** Administration ended
- **Administration began:** 2012-02-27
- **Administrators' firm:** Axiom Recovery
- **Incorporated:** 1993-11-08
- **Location:** London
- **Industry:** 4030

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Sustained trading losses

## From the administrators' statement

31 The Company was incorporated in 1993 and began trading in early 1994 The Company traded as a provider and installer of refrigeration and air conditioning units in both the retail and commercial sectors The Company also designed and constructed air conditioning systems for all types of rooms including conservatories, offices, computer rooms and cleanrooms

32 The Company carried out work throughout the UK Having traded since 1994 the Company was well known in the local area and had a good reputation with the air conditioning industry The Company's retail clients have included Virgin Megastores, Laura Ashley, The Disney Store, Holiday Inn, Tate & Lyle Sugars and Spec Savers

33 The Company initially traded profitably but began to struggle during 2009 as a result of a number of bad debts Consequently in January 2010 the director sought professional advice from Ideal Corporate Solutions Limited In an attempt to resolve the Company's financial problem, the director took the decision to place the Company into a Company Voluntary Arrangement ("CVA") The Company entered a CVA on 8 January 2010

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02869912/filing-history/MzA1NjExODY1M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02869912

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