Esesl Realisations Limited (03539655): administration
- Status
- Administration ended
- Administration began
- 2012-07-12
- Administrators
- Simon James Bonney, Francis F A Wessely
- Administrators' firm
- RSM
- Formerly
- E.S. Electrical Services Limited
- Incorporated
- 1998-04-02
- Location
- Marlow
- Industry
- 43210 Electrical installation
Why it went into administration
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Sustained trading losses
From the administrators' statement
The Company's main trading derived from the installation of commercial and industrial electrical services in London and the South East The Company ts family owned and run by Mr Patrick Healy and Mr Eoin Healy
It should be noted that the Company produced abbreviated accounts, and as such | have not been able to disclose details of its recent trading
RSM Tenon was initially instructed to carry out a review of the Company in May 2012 This review highlighted that the Company was experiencing difficulttes due to a recent downturn in the construction market, along with the recent failure of a large customer The corresponding bad debt has yielded significant losses from which the Company could not recover
Administrators' statement of proposals (2012-08-28) · Companies House register