Cardinal Security Limited (04714467): administration
- Status
- Administration ended
- Administration began
- 2018-09-24
- Administrators
- Allan Watson Graham, Matthew Ingram
- Administrators' firm
- Kroll
- Formerly
- Cardinal Business Services Limited
- Incorporated
- 2003-03-27
- Location
- Birmingham
- Industry
- 80100 Private security activities
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Bad debts / customer insolvency
From the administrators' statement
Statutory information on the Company and a summary of its financial history is included at Appendix 1
The Company was incorporated on 27 March 2003 and Is a privately-owned business operating throughout the UK and Ireland. The Company’s core business is the provision of manned security solutions specialising in retail, commercial, logistics and ad-hoc security personnel
Given that the SIP 16 disclosure is first being provided to the Company's creditors as part of this report, further background information in respect of the Company can be found in the SIP 16 Disclosure at Appendix 9 and will not be repeated in the body of this report
Administrators' statement of proposals (2018-10-10) · Companies House register