# Themss Limited (03481318)

> Why UK company 03481318 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03481318

- **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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03481318/filing-history/MzIxNTYyNDM4MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03481318

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.