# Double Check Security Ltd (04543038)

> Why UK company 04543038 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04543038

- **Status:** Administration ended
- **Administration began:** 2013-09-10
- **Incorporated:** 2002-09-24
- **Location:** London
- **Industry:** 80200 Security systems service activities

## Why it went into administration

- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 24 September 2002 and has, throughout its history, provided static guarding services to various blue chip clients

Due to the nature of the Company’s business, whilst minor external suppliers were always used, predominantly the majority of expenditure related to labour costs, together with VAT & PAYENIC which fell due to HM Revenue & Customs (“HMRC”)

During the Company’s imitial few years of trading, turnover grew steadily as new contracts were sought, tendered and ultimately awarded. Accordingly, shortly prior to it’s Administration, the Company employed circa 100 staff and had achieved a turnover of circa £1 6M, of which, £1 3M related to the provision of static guards to its biggest customer, Waitrose, whilst the remainder of this turnover related to contracts held with 5 other customers

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04543038/filing-history/MzA4ODA1OTY3OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04543038

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