Foster & Allen Ltd. (03614456): administration
- Status
- Administration ended
- Administration began
- 2025-03-06
- Incorporated
- 1998-08-12
- Location
- Enfield
- Industry
- 43210 Electrical installation
From the administrators' statement
In early 2025, the Company's in-house bookkeeper raised concerns about the continuing financial viability of the Company and these concerns prompted a review by the Founding Directors.
The Founding Directors’ preliminary findings identified numerous transactions about which they were unaware and which necessitated their prior approval under the Company’s constitution and other contractual documentation.
The Founding Directors’ discoveries continue to be investigated by me in my capacity as Administrator. Creditors are advised that, due to the sensitive nature of my enquiries, I am unable to provide full particulars at this juncture. I anticipate being able to provide further information in my next progress report.
Administrators' statement of proposals (2025-05-06) · Companies House register