AWH Utility Services Limited (05049017): administration
- Status
- Administration ended
- Administration began
- 2018-07-18
- Administrators
- Peter Richard James Frost, Victor Henry Ellaby
- Incorporated
- 2004-02-19
- Location
- Cheltenham
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
The Company traded in the construction industry, specialising in the installation of networks of utility infrastructure for both commercial and residential developments. The company was a Gas Industry Registration Scheme (“G!RS’) accredited provided and offered a “mains to meter” service. The Company would receive funds from housing developers in order to finance the initial construction of a new gas network.
The Company also entered into contracts with Independent Gas Transporters ("IGT"). On the construction of a utility network, an asset value (“AV"), would be paid by the IGT for the adoption of the completed network. This would ordinarily be paid following the provision of the required detailed documentation to the IGT under the terms of the contract.
The Company traded from three leasehold offices, Tewkesbury (head office), Sandon in Essex and March Cambridgeshire. The Company employed some 75 staff. The operational employees worked as gangs from the Company's fleet of vans which were subject to hire-purchase.
Administrators' statement of proposals (2018-09-20) · Companies House register