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Premier Fireserve Engineering Limited (04067607): administration

Status
Administration ended
Administration began
2012-11-13
Administrators
Richard Dixon Fleming, Robert Andrew Croxen
Administrators' firm
KPMG
Formerly
Assetco Engineering Limited; TLG Fire Engineering Services Limited
Incorporated
2000-09-07
Location
London
Industry
33170 Repair and maintenance of other transport equipment n.e.c.

Why it went into administration

From the administrators' statement

PF and PFE, formerly ACL and AEL respectively, were acquired by AB & A Investments Limuted in August 2012 from AssetCo ple This change of ownership constituted a breach of the operating agreement between LFEPA and ACL / AEL

PF and PFE operated a contract with LFEPA to provide and maintain the London Fire Bngade fleet of vehicles In addition, the Compamies operated a second, smaller contract with LFEPA for the provision of emergency fire crews The Companies were wholly reliant on these contracts with LFEPA for any income

PF managed the vehicles, whilst all employees (mechanics and admunistration staff) were employed by PFE which also performed maimtenance work under the contract Additionally PFE owned some fire safety equipment and stock for maintenance

Administrators' statement of proposals (2013-01-07) · Companies House register

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Premier Fireserve Engineering Limited (04067607)

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