Millbrook Select Limited (05199063): administration
- Status
- Administration ended
- Administration began
- 2013-01-15
- Administrators' firm
- Springfields Business Recovery & Insolvency
- Formerly
- Millbrook Property Services Limited
- Incorporated
- 2004-08-06
- Location
- Leicester
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The director of the Company, Daniel Mulligan, initially formed the business in 1992 and operated as a sole trader until the Company was incorporated on 6 August 2004 and acquired the business The Company supplied building services and property maintenance to include office relocation and refurbishment, commercial interior fit outs, reactive and preventative building maintenance services for non-domestic / commercial direct end users and major projects for contractors The Company was an approved supplier for a number of the major national contractors and employed up to eighteen employees during trading
From 2004, the Company operated from small premises in Markfield but the increase in turnover brought a need for larger premises In 2011, the Company relocated to Mountsorrel where it remained until the cessation of trading
The Company performed wel! for a number of years following its incorporation and maintained a number of large clients. In 2005/2006, the Company started working for larger national contractors Although the Company was entering into significantly larger contracts, payment was often slow and there were an increased number of disputes
Administrators' statement of proposals (2013-02-28) · Companies House register