A.C.S. Building & Maintenance Limited (04177888): administration
- Status
- Administration ended
- Administration began
- 2013-10-17
- Administrators' firm
- Evelyn Partners
- Formerly
- Wescomp Limited
- Incorporated
- 2001-03-12
- Location
- Birmingham
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 12 March 2001 and was a provider of building services and its principal cllents were insurance companies and insurance intermediaries (loss adjusters and claims management companies) The Company also undertook general building work for a small number of other customers, much of which was directly or Indirectly for a large food manufacturer with nearby manufacturing facilities
The Company’s head and registered office was located at Unit 8, The Cobalt Centre, Siskin Parkway East, Coventry, CV3 4PE The Company also had premises at 48 Queens Road, Coventry, CV1 3EH.
The Company had a secured overdraft facility, dated 6 June 2008, with Clydesdale (which also trades as Yorkshire Bank) At the date of the administrators’ appointment Clydesdale were owed circa £1,050,000.
Administrators' statement of proposals (2013-12-17) · Companies House register