Cosy Seal Insulation Limited (03035887): administration and why it failed

Cosy Seal Insulation Limited (03035887): administration

Status: Administration ended
Administration began: 2014-07-04
Administrators' firm: Baker Tilly Restructuring and Recovery
Formerly: Eccosystem Limited
Incorporated: 1995-03-21
Location: Bishopsgate
Industry: 43290 Other construction installation

Why it went into administration

Creditor pressure / legal action
Cash flow / liquidity pressure
Sustained trading losses

From the administrators' statement

Relevant extracts from the company’s audited financial statements and management accounts are summarised below

Management Statutory Statutory

accounts accounts accounts

Administrators' statement of proposals (2014-09-09) · Companies House register

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Balance sheet: assets, liabilities, working capital and net assets
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Cosy Seal Insulation Limited (03035887): administration

Why it went into administration

From the administrators' statement

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Cosy Seal Insulation Limited (03035887)