LTC (Southern) Limited (04462042): administration
- Status
- Administration ended
- Administration began
- 2015-03-03
- Formerly
- Stackell Limited
- Incorporated
- 2002-06-14
- Location
- London
- Industry
- 43991 Scaffold erection
Why it went into administration
- HMRC / tax arrears
- Loss-making contracts / project overruns
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated on 14 June 2002 and operated in the Construction Industry specifically supplymg and installing scaffolding in the South East of England, in particular targeted within the London area
The Company’s original founders were Michael Loizias, a degree qualified individual, with many
years experience working within the construction mdustry, Trevor Chinn who owns another large
Administrators' statement of proposals (2015-05-08) · Companies House register