# GBM Minerals Engineering Consultants Limited (02903467)

> Why UK company 02903467 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02903467

- **Status:** Administration ended
- **Administration began:** 2019-01-09
- **Administrators' firm:** Michael Wilson & Partners
- **Incorporated:** 1994-03-01
- **Location:** Egham
- **Industry:** 74909 Other professional, scientific and technical activities n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action

## From the administrators' statement

3.1 Asa result of the settlement agreement that the Company entered into with MWP, the Company was required to clear all of MWP’s invoices by 10 January 2019.

3.2 The Company was not in a position to settle the amounts due to MWP and MWP had advised that if payment was not forthcoming by 10 January 2019 then they would issue a winding-up petition.

Pursuant to Schedule 81 of the insolvency Act 1986 —— ee EE eee

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02903467/filing-history/MzIyOTU3OTUxMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02903467

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