Aaron Plant Services Limited (03328634): administration
- Status
- Administration ended
- Administration began
- 2012-07-25
- Incorporated
- 1997-03-06
- Location
- Derby
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
Prior to the incorporation of the Company the current Director, Alan Smith, operated as a sole trader offering a plant mre and waste removal service using his vast experience along with his established contacts as a former director of a local plant hire contractor
In his first year of trading as a sole trader for the period ended 6 March 1997, the business achieved turnover of £599k with reported net profits of £73k As a result the Company was incorporated, with effect from 6 March 1997, which enabled further investment mn additional plant, machinery and lornes. The Company traded successfully for a number of years ultmately achieving a turnover of £3 46 mulhon for the year ended March 2007 with reported net profits of £225k
In 2008, prior to the commencement of the recession, the Company acquired the assets, staff and contracts of R. B Holmes (Haulage and Plant Hire) Limited (“R B Holmes”), a company which had operated from the same trading premises and had been involved in joint venture contracting work with the Company The director of R B Holmes had common directorships with Alan Smuth.
Administrators' statement of proposals (2012-08-14) · Companies House register