DFC Services Limited (05268209): administration
- Status
- Administration ended
- Administration began
- 2012-03-12
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2004-10-25
- Location
- Whitefield
- Industry
- 77320 Renting and leasing of construction and civil engineering machinery and equipment
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 25 October 2004 and commenced to trade in January 2007 The directors on incorporation were Mr Giuseppe Antonio Difuna, Mr Gino Difuna and Mr Satuccio Difuria Mr Robert Sutton was later appointed director in March 2007 and at which time Mr Giuseppe Antonio Difunia, Mr Gino Difuria and Mr Satuccio Difuria resigned as directors Mr Robert Sutton also later resigned as a director in August 2008 and Mr Giuseppe Antonto Difuna was re-appointed
The Company traded from leasehold premises at Paddock Farm, Wood Lane, Beckingham, Doncaster The Company's principal activity was the provision of plant and machinery on hire The Company employed 16 staff
The Company was initially funded by a former director who injected considerable funds in order to allow the Company to purchase a number of ttems of plant and machinery as well as providing working capital The Company also operated a current account with HSBC Bank Plc however no credit facilities were provided The Company later refinanced specific items of plant and machinery in order to generate funds and make a significant repayment of the loan from the former director
Administrators' statement of proposals (2012-05-09) · Companies House register