5M (UK) Limited (04112174): administration
- Status
- Administration ended
- Administration began
- 2013-02-21
- Administrators' firm
- The Second Industral Partnership
- Incorporated
- 2000-11-22
- Location
- Sheffield
- Industry
- 4525
Why it went into administration
- Bad debts / customer insolvency
From the administrators' statement
The information provided in this section 1s based upon the Company records, the accuracy of which the Joint Administrators are unable to vouch for The Joint Administrators cannot therefore be heid personally liable for errors or misstatement of fact contained therein
The Company was incorporated on 22 November 2000 under the name of 5M (UK) Limited and commenced trading shortly thereafter from leased premises in Preston, London and Honiton, Devon The Company's principal activity was the installation of waterproof systems on fiat roofs Initially, all of the Company's income was derived solely from refurbishment projects but as the Companys expertise and customer base grew, the Company took on installation of sheet metal roofs followed by the application of special coating materials to inverted roofs
The Company banked with the Royal Bank of Scotland plc The Bank holds security over its indeptedness by way of a fixed and floating charge debenture, which was registered on 21 March 2002 At the date of my appointment, there was a negligible credit baiance on the current account Financial Information
Administrators' statement of proposals (2013-04-22) · Companies House register