Themss Limited (03481318): administration
- Status
- Administration ended
- Administration began
- 2018-07-19
- Formerly
- Thrower & Hammond Electrical & Mechanical Services Limited
- Incorporated
- 1997-12-15
- Location
- Norwich
- Industry
- 33190 Repair of other equipment
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
Peter Hammond formed the business as a sole trader in 1962 and Gary Ross was an employee. When Mr Hammond retired, Gary Ross took over the business as a sole trader and in 1997 he incorporated the business.
The Company were electrical and mechanical contractors responsible for designing installing and maintaining domestic and commercial systems. The business reached a turnover of £884,488 in 2015 and had 9 members of staff.
The Company was funded by an overdraft facility with HSBC which was personally guaranteed by the director of the Company. The bank also obtained a debenture in 2004 which is still active.
Administrators' statement of proposals (2018-09-27) · Companies House register