Else Northern Limited (02874921): administration
- Status
- Administration ended
- Administration began
- 2012-04-24
- Administrators
- Daniel Plant, Simon Franklin Plant
- Administrators' firm
- SFP Restructuring
- Formerly
- Else Construction Services Limited
- Incorporated
- 1993-11-19
- Location
- London
- Industry
- 43341 Painting
Why it went into administration
- Competition / price pressure
- Cash flow / liquidity pressure
- Over-expansion / investment not recovered
From the administrators' statement
Albeit that statutory information 1s contained in Appendix |, this report provides bnef details in relation to the Company’s history
It 1s understood that the business was founded over 100 years ago by CJ Else to provide painting and decorating services to Lincoln and its surrounding areas In November 1993, the Company was formed to incorporate the business and another company, Jointline Limited As at the date of Administration, Anthony Wilson (“Mr Wilson), Phillipa Shepherdson and Thomas Shepherdson (“Mr Shepherdson”) (collectively, “the Oirectors”) were the Company's appointed directors A full list of historic appointments 1s attached to this report
The Company's reputation continued to grow within the industry and the local area, together with its level of trade
Administrators' statement of proposals (2012-05-17) · Companies House register