Zenith Contractors Limited (04392942): administration
- Status
- Administration ended
- Administration began
- 2021-12-03
- Administrators
- Conrad Alan Beighton, David Craig Griffiths
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2002-03-12
- Location
- Birmingham
- Industry
- 81299 Other cleaning services
Why it went into administration
- Creditor pressure / legal action
- COVID-19
- HMRC / tax arrears
From the administrators' statement
3.1 The Company was incorporated on 12 March 2002 and its principal activities were commercial contract cleaning and grounds maintenance. In 2012, the Company's business was restructured in its current form to a group, with Zenith Refitment Services Limited ("ZRSL”) and Zenith Pola Flooring Service Limited (‘ZPFSL”) incorporated to add resin flooring, property refurbishment, and painting and decorating service lines. The Company, ZRSL and ZPFSL are collectively referred to as “the Group”.
3.2 The Group occupied a leased premises in Coventry and employed c130 staff, mostly through the Company.
3.3 The Group had historically traded profitably until the year ended 31 March 2020, when a net loss of £164k was recorded (£112k in the Company and £52k in ZRSL). Furthermore, the effects of the legal expenses in pursuing a litigation case and the impact of COVID-19 had significantly affected the cash flow position of the Group and the companies within it.
Administrators' statement of proposals (2021-12-30) · Companies House register