Construction Trade Solutions Limited (05085992): administration
- Status
- Administration ended
- Administration began
- 2023-09-01
- Administrators
- Rochelle Schofield, Mike Dillon
- Administrators' firm
- Leonard Curtis
- Formerly
- Applied Engineering Resources Limited
- Incorporated
- 2004-03-26
- Location
- Manchester
- Industry
- 78109 Other activities of employment placement agencies
Why it went into administration
- Bad debts / customer insolvency
- COVID-19
- Sustained trading losses
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated 26 March 2004 and commenced to trade shortly thereafter. Its principal activity was providing short term staffing solutions and employment placements to clientele within the Construction and Building industry.
The Company operated from premises at 1°' Floor Concept House, Blanche Street, Bradford, BD4 8DA. The Company had 2 employees as at the date of the Administration.
The Company was funded by way of an invoice finance facility with Close, who hold security by way of a debenture, created on 22 July 2021.
Administrators' statement of proposals (2023-11-06) · Companies House register