ECO Mechanical Services Limited (03493011): administration and why it failed

ECO Mechanical Services Limited (03493011): administration

Status: In administration
Administration began: 2023-06-20
Administrators: Trevor John Binyon, Jack Callow
Administrators' firm: Opus Restructuring
Formerly: Scubair Limited
Incorporated: 1998-01-15
Location: Milton Keynes
Industry: 43220 Plumbing, heat and air-conditioning installation

Why it went into administration

Sustained trading losses
HMRC / tax arrears
Rising costs / inflation
Cash flow / liquidity pressure

From the administrators' statement

3.1

3.2

3.3

Administrators' statement of proposals (2023-07-03) · Companies House register

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ECO Mechanical Services Limited (03493011): administration

Why it went into administration

From the administrators' statement

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ECO Mechanical Services Limited (03493011)