Stansted Aircraft Maintenance Services Ltd (04383371): administration
- Status
- Administration ended
- Administration began
- 2017-09-19
- Formerly
- Stansted Aircraft Maintenance Systems Ltd; Stansted Aircraft Maintenance Services Ltd
- Incorporated
- 2002-02-27
- Location
- Sheffield
- Industry
- 33160 Repair and maintenance of aircraft and spacecraft
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Rising costs / inflation
- Creditor pressure / legal action
From the administrators' statement
The background information reported in the following section is based upon the Company’s records and the explanations of its directors, the accuracy of which the Joint Administrators are unable to vouch for. The Joint Administrators cannot therefore be held personally liable for any errors, inaccuracies or misstatements of truth contained therein.
According to Companies House records, the Company was incorporated as Stansted Aircraft Maintenance Services Limited on 27 February 2002 under UK registration number 04383371. The Company subsequently changed its name to Stansted Aircraft Maintenance Systems Limited on 6 March 2002 and reverted to Stansted Aircraft Maintenance Services Limited, on 15 March 2017.
The Company's sole activity is the provision of specialist recruitment and staff management services to their one client Ryanair Limited (“Ryanair”). The Company's remit was to ensure that appropriately qualified and accredited engineers were available to service and maintain their client’s fleet of aircraft wherever they may be across the UK. The Company employed 214 staff, all of whom are engaged exclusively on the Ryanair contract. Once engaged by Ryanair the Company’s staff were deployed as and where necessary, to provide labour only engineering/maintenance services. The Company supplied no tools of the trade, nor maintenance consumables.
Administrators' statement of proposals (2017-10-26) · Companies House register