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Intime Security Limited (04456897): administration

Status
Administration ended
Administration began
2011-11-11
Formerly
Quantum Kent Limited
Incorporated
2002-06-07
Location
London
Industry
7460

Why it went into administration

From the administrators' statement

21 The Company was incorporated on 7 June 2002 and traded from premises at Nimax House, 20 Ullswater Crescent, Coulsdon, Surrey, CR5 2HR The Company had 17 employees

22 The Company provided fire and security systems in both the home and for businesses A wide range of products were available from monitored intruder alarms to smoke detection, door entry, CCTV, access control, fire alarms and portable fire fighting equipment These were designed, supplied, installed and commissioned Other services provided included fire safety training fire risk assessments

23 We had been advised that the Company's turnover had dropped by almost 50% 1n the last twelve months due to the cheap import of fire extinguishers from China and it looked like the Company may lose that section of the business. In addition to the above, slow paying customers and general market conditions have affected the Company generally which led to its current position

Administrators' statement of proposals (2012-01-10) · Companies House register

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Intime Security Limited (04456897)

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