Total Engine Support Limited (03110892): administration
- Status
- Administration ended
- Administration began
- 2016-10-26
- Administrators' firm
- KPMG
- Incorporated
- 1995-10-06
- Location
- London
- Industry
- 52230 Service activities incidental to air transportation
Why it went into administration
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Parent or group failure
From the administrators' statement
The Company was incorporated on 6 October 1995 and together with certain companies in the Group operated in the arrcraft engine sector The Company's primary business was to provide consultancy services to aircraft operators
The Group operated from a freehold property including office and warehouse facilities in Bridgend, South Wales. The premises are owned by the Company, over which Barclays holds a legal debenture
The Company employed approximately 76 staff who were predominately UK based
Administrators' statement of proposals (2016-12-16) · Companies House register