A.G. Plant Hire Limited (03988633): administration
- Status
- Administration ended
- Administration began
- 2015-09-22
- Incorporated
- 2000-05-09
- Location
- Derby
- Industry
- 77320 Renting and leasing of construction and civil engineering machinery and equipment
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
- HMRC / tax arrears
- Regulatory change or action
From the administrators' statement
As I have reported to creditors previously, the Company traded as a plant hire business, based in Werrington, Stoke on Trent.
During 2015, the Company’s financial position deteriorated significantly due to on-going trading losses and it was unable to pay its trade creditors, a number of which commenced legal action to recover funds due from the Company. In addition, the Company was also facing recovery action from HMRC.
In summary, the Directors attribute the failure of the Company, to the following issues: * trading losses;
Administrators' statement of proposals (2015-11-19) · Companies House register