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Omega Citylifts Limited (05061402): administration

Status
Administration ended
Administration began
2015-03-18
Administrators
Gareth Hunt, Tracy M Clowry
Administrators' firm
Aua Insolvency Risk Services
Incorporated
2004-03-02
Location
Handforth
Industry
33190 Repair of other equipment

Why it went into administration

From the administrators' statement

Omega Citylifts Limited (“the Company”) (Company Registration Number 05061402) was Incorporated and commenced trading in March 2004

The Company was formed to take over the business and assets of City Lifts Limited The Company is a 100% subsidiary of Omega Elevator SA based tn Spain The director is Javier Azurmendi Mendiola who although based in Spain maintains regular contact with and visits to the UK offices All management and strategic decisions are made by the director and delegated to the UK operational team

The Company’s main activities are the installation and repair and servicing of Itfts The Company has built up a portfolio of customers since its Incorporation both for installation and regular maintenance contracts Turnover for the year ended 31 December 2013, which ts the latest year for which draft statutory accounts have been prepared, was £2 6m with a profit before corporation tax of £54k Net shareholders’ funds as at 31 December 2013 were £337k of which distributable reserves accounted for £163k

Administrators' statement of proposals (2015-05-20) · Companies House register

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Omega Citylifts Limited (05061402)

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