M.B.E. Electrical Contractors Limited (03272766): administration
- Status
- Administration ended
- Administration began
- 2011-12-19
- Administrators
- Steven Phillip Ross, Ian William Kings
- Administrators' firm
- RSM
- Incorporated
- 1996-11-01
- Location
- Sunderland
- Industry
- 43210 Electrical installation
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
21 MBE Electrical Contractors Ltd incorporated on the 1st January 1991 by Mr Michael Beattie as a family business, MBE was one of the leading companies involved in building service installation in the North East and also carried out work nationally
22 In the later part of 2011 the Company was involved in a number of contracts which proved to be unprofitable The unprofitable contracts lead to cash flow problems and ultimately the Administration of the Company
Asummary cf the Company's recent trading performance ts shown below
Administrators' statement of proposals (2012-02-09) · Companies House register