T&S Group Ltd (04936519): administration and why it failed

T&S Group Ltd (04936519): administration

Status: Administration ended
Administration began: 2012-03-19
Administrators' firm: Baker Tilly Restructuring and Recovery
Formerly: T&S Electrical Contractors Ltd; Jaspana Limited
Incorporated: 2003-10-17
Location: Leeds
Industry: 25110 Manufacture of metal structures and parts of structures

Why it went into administration

Sustained trading losses
Cash flow / liquidity pressure
Creditor pressure / legal action

From the administrators' statement

Relevant extracts from the Company’s unaudited financial statements and management

accounts are summarised below

Profit and Loss

Administrators' statement of proposals (2012-05-11) · Companies House register

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Balance sheet: assets, liabilities, working capital and net assets
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T&S Group Ltd (04936519): administration

Why it went into administration

From the administrators' statement

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T&S Group Ltd (04936519)