Trek Highway Services Ltd. (03335488): administration
- Status
- Administration ended
- Administration began
- 2013-03-26
- Administrators
- Paul John Clark, Geoffrey Wayne Bouchier
- Administrators' firm
- Kroll
- Formerly
- Trek Limited; Trekoption Limited
- Incorporated
- 1997-03-18
- Location
- London
- Industry
- 52290 Other transportation support activities
Why it went into administration
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Cash flow / liquidity pressure
- Competition / price pressure
- Management failings / irregularities
- Parent or group failure
- Weather / natural events
From the administrators' statement
Statutory information on the Company and a summary of its financial history is included at Appendix 1
The Company was incorporated and commenced trading in March 1997, specialising !n providing traffic management services in the civil engineering sector These services included erecting road safety signs, laying out cones on the road, and the provision of temporary traffic signals
It should be noted that, in 2005, the Company entered a CVA The Company suffered financially as a result of granting loans to other companies under the Director's control, which ultimately proved to be irrecoverable The initial CVA completed successfully in early 2010
Administrators' statement of proposals (2013-05-16) · Companies House register