CE Security Limited (05289636): administration
- Status
- Administration ended
- Administration began
- 2017-07-31
- Administrators' firm
- FRP Advisory
- Formerly
- Octavian Continental Limited
- Incorporated
- 2004-11-17
- Location
- Nottingham
- Industry
- 80100 Private security activities
Why it went into administration
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 17 November 2004, by former director. However, the Company remained dormant for many years with a number of officer changes. The Company did not start formally trading until January 2010, following the purchase of the business and assets of Octavian Security Limited — In Administration and the first set of accounts were filed for the period ended 30 November 2010.
On 18 August 2015, the Company was sold to CE Facilities Services Limited (*CEFSL”) for £2.3million. On 234 November 2015, the Company changed its name to CE Security Limited.
On 31% March 2016, CEFSL sold the Company to a group of investors who were also represented by the Board of Directors of the Company. The directors of the Company at that time had extensive experience in the Security sector and in professional management of Company activities.
Administrators' statement of proposals (2017-11-16) · Companies House register