Surrey Hire and Sales Limited (05030482): administration
- Status
- Administration ended
- Administration began
- 2025-02-28
- Administrators
- Gary Paul Shankland, Huw Powell
- Administrators' firm
- Begbies Traynor
- Formerly
- Surrey Hire and Sales (UK) Limited
- Incorporated
- 2004-01-30
- Location
- Cardiff
- Industry
- 77320 Renting and leasing of construction and civil engineering machinery and equipment
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated on 30 January 2004 by Stephen Dormer to facilitate a management buyout at that time. Mr S Dormer had been working in the business since 1985 and was initially appointed as sole director. Marc Prince was appointed as director shortly after on 23 April 2004. On incorporation, both Mr S Dormer and Mr Prince held 45 shares of £1 each, with John McNeil holding the remaining 10 shares of £1 each, though in 2007 Mr McNeil transferred his shares equally to Mr S Dormer and Mr Prince.
The Company was established as an independent tool and plant hire company in the south-east area serving both domestic and commercial customers. The Company employed 27 members of staff and most recently,
The administrators act as officers of the court and as agents of the
Administrators' statement of proposals (2025-03-13) · Companies House register