# Wiring Services Limited (04459877)

> Why UK company 04459877 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04459877

- **Status:** Administration ended
- **Administration began:** 2012-03-29
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2002-06-12
- **Location:** Newcastle upon Tyne
- **Industry:** 4531

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

The Company was part of a loose group with two sister companies, WH Dunn & Co Ltd and E-Wire Northern Limited The Companies operated independently as separate entities but they operated a Group banking facility

W H Dunn & Co Ltd had made lesses in the preceding twelve months of trading E-Wire Northern Limited was profitable and Wiring Services Limited was trading at approximately break-even All three Companies had expenenced a fall in tumover which was largely due to less contracts becoming available to tender for and the ones that were available had greatly reduced profit margins Overall the cash flow pressure for the Group was too great for the Companies to all continue to trade

The Directors also believe that additronal pressure was placed on the Companies’ cash flow after some debtors, who were aware of the Companies financial difficulties in the early part of the year, made short or late payments on outstanding contract debts

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04459877/filing-history/MzA1ODI4ODU1MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04459877

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.