# Sash Window Services (Ascot) Limited (04964837)

> Why UK company 04964837 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04964837

- **Status:** Administration ended
- **Administration began:** 2016-04-18
- **Administrators:** Paul Ellison, Gareth Wyn Roberts
- **Administrators' firm:** KRE Corporate Recovery
- **Incorporated:** 2003-11-14
- **Location:** Reading
- **Industry:** 43390 Other building completion and finishing

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action

## From the administrators' statement

The following narrative has been produced from statements provided by the Company's director Creditors should note therefore that neither the Joint Administrators nor KRE Corporate Recovery LLP accept any responsibility for any inaccuracies contained herein

The Company was formed in 2003 and specialized in supply and service of traditional timber windows Terence Blundell, who is the sole director, had previously worked for two larger companies working within the same industry as an installation fitter The Company grew steadily with the majority of its profits going back into further expansion reaching ane employees at its peak The customer base self-generated sales with referrals, tecommendation works, and second and third phase installations Further brand building was achieved with internet advertising and drop carding

in 2004, the Company's accountants advised and recommended that we introduce a dividend payment structure, it would save income tax on wages to the tune of approx £6,000 per annum for each individual Four members of staff were on this structure with the remaining staff on full PAYE This ran for approximately 7-8 years as did all our other accountancy matters under their management

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04964837/filing-history/MzE0OTEyMjExM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04964837

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