AIR Cool Engineering Midlands Ltd. (03307458): administration and why it failed

AIR Cool Engineering Midlands Ltd. (03307458): administration

Status: Administration ended
Administration began: 2022-07-05
Administrators: Gareth Prince, Mark Malone
Administrators' firm: Begbies Traynor
Incorporated: 1997-01-21
Location: Birmingham
Industry: 33200 Installation of industrial machinery and equipment

Why it went into administration

COVID-19
HMRC / tax arrears
Creditor pressure / legal action
Bad debts / customer insolvency

From the administrators' statement

The Company was established in 1997 and traded very successfully for many years. Its purpose was to

install and maintain air cooling/conditioning systems into commercial settings. The Company acted as

subcontractor to a number of larger construction and facilities management companies. The Company

Administrators' statement of proposals (2022-08-24) · Companies House register

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