Electrastar Limited (05095794): administration and why it failed

Electrastar Limited (05095794): administration

Status: Administration ended
Administration began: 2014-02-04
Administrators: Jeremy Nicholas Bleazard
Administrators' firm: Begbies Traynor
Incorporated: 2004-04-05
Location: Cleckheaton
Industry: 43210 Electrical installation

Why it went into administration

Cash flow / liquidity pressure
Creditor pressure / legal action
Loss of key people

From the administrators' statement

The following has been received from the directors of the Company

The Company was incorporated on the 5 April 2004 and commenced trading specialising in the installation, termination and testing of fibre optic networks In addition, the Company also carried out the installation and supply of structured cabling and electrical installations for

companies within the UK

Administrators' statement of proposals (2014-04-04) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts