Farrelly (M&E) Building Services Limited (03033409): administration
- Status
- Administration ended
- Administration began
- 2013-05-14
- Formerly
- Farrelly Facilities & Engineering Limited
- Incorporated
- 1995-03-15
- Location
- Birmingham
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was mcorporated in 1995 after trading very successfully for several years as a partnership which had seen significant growth Incorporation was viewed as an opportunity to grow the company further
By 2005, ihe Company had increased sales to almost £5million, chiefly carrying out project work and maintenance contracts for private companies in the hotel, restaurant and brewery sectors In 2005, the Company turned its attention to the retail sector and was successful in gaining accreditation onto the supply chain lists for major ‘Blue Chip’ companies tn the retail and supermarket sectors
From 2005 to 2011, the Company continued to trade strongly, working in a wide and varied market carrying out project work and maintenance contracts for schools, hotels, hospitals and offices along with the retail sector By this point, turnover had increased to almost £10milion
Administrators' statement of proposals (2013-07-11) · Companies House register