From the administrators' statement

The Company traded as a manufacturer and installer of low pressure sprinkler systems The Company designed, produced, installed and certified its own water mist technology and systems, offering a bespoke and specialist service to customers

The Company was incorporated in 2001 and began trading shortly thereafter with Eric Cranswick (“EC”) and Peter Duval (“PD”) acting as directors

in 2011, the Company began to expertence cashflow difficultes as a result of the actions of the directors, namely the build up of significant directors’ loan accounts and high cash withdrawals from the business The increased demand on the Company's cashflow resulted in the accrual of substantial levels of debt within the business, in particular with regards the tax lrabilittes due to HM Revenue & Customs In December 2011

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Aqua-Mist Fire Protection Limited (04192783)

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