# Starc Engineering Limited (03541929)

> Why UK company 03541929 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03541929

- **Status:** Administration ended
- **Administration began:** 2014-08-01
- **Administrators:** Glyn Mummery, Martin John Weller
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 1998-04-07
- **Location:** Brentwood
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Sustained trading losses

## From the administrators' statement

The Company was incorporated by the current director, Richard Millard (‘RM”), on 7 April 1998 and provided sheet metal engineering for retail lighting, cable trays and cable management systems, together with welding, fabrication, powdercoating and lasercutting services It traded from 2 leasehold premises based at 4 & 22 Twyford Business Centre, Herts.

For the most part, throughout the Company’s history, it traded on a satisfactory and profitable basis, employing 24 full time members of staff during tts busiest period. Following the economic recession in 2010, however, SEL began to suffer a downturn in work, particularly a lack of new work between November 2012 and April 2013.

At this time, the business had 20 members of staff and RM was aware that there was a need for the Company to reduce tts workforce in order to meet ongoing liabilities; however, due to the long periods

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03541929/filing-history/MzEwNjU4NjQzMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03541929

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