Clearance Services Limited (04108048): administration
- Status
- Administration ended
- Administration began
- 2023-08-31
- Administrators
- Adam Harris, Guy Robert Thomas Hollander
- Administrators' firm
- Mazars
- Incorporated
- 2000-11-15
- Location
- London
- Industry
- 39000 Remediation activities and other waste management services
Why it went into administration
- Loss-making contracts / project overruns
- Property / lease costs
From the administrators' statement
The Company was incorporated in November 2000, most recently operating from sites in Stokenchurch in Buckinghamshire and Bray in Berkshire.
It was primarily engaged in demolition and groundworks, also providing a recycling service and selling recovered material, using a fleet of various plant and machinery, plant moving vehicles and vans.
The majority of the vehicles were financed with sixteen different lenders via various hire purchase and lease agreements.
Administrators' statement of proposals (2023-10-10) · Companies House register