# Hayward Electrical & Mechanical Services Limited (04090312)

> Why UK company 04090312 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04090312

- **Status:** Administration ended
- **Administration began:** 2014-06-18
- **Administrators:** Howard Smith, Richard James Philpott
- **Administrators' firm:** KPMG
- **Formerly:** Hayward Electrical Services Limited
- **Incorporated:** 2000-10-16
- **Location:** Birmingham
- **Industry:** 43210 Electrical installation

## Why it went into administration

- Bad debts / customer insolvency
- Sustained trading losses
- Management failings / irregularities

## From the administrators' statement

The Company operated from leasehold premises in Tants Meadow, Derbyshire and was a building service contractor offering a wide range of electrical and mechanical services The Company began trading when it was incorporated in 2000 There were 21 employees on appointment, all of whom were made redundant immediately after our appointment as Administrators

2.2 Funding and financial position of the Company

National Westminster Bank {the ‘Bank’) is the first ranking secured creditor with a fixed and floating charge over the Company's assets

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04090312/filing-history/MzEwNTA0NjQ4MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04090312

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