# Faelsafe Limited (05303448)

> Why UK company 05303448 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05303448

- **Status:** Administration ended
- **Administration began:** 2013-03-26
- **Administrators' firm:** RSM
- **Incorporated:** 2004-12-03
- **Location:** Leeds
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 3 December 2004 and began trading shortly thereafter, providing fire protection equipment, installation, servicing and maintenance to customers

The business achieved steady growth in tts early years and developed a customer base including a mixture of local authorities, together with tegional and national customers

In 2008 the Company began to tender for larger projects, carrying out installation of fire protection equipment on new builds and refurbishments Although this resulted in a significant Increase in turnover, there was often margin pressure due fo difficulties in obtaining contract variation sign-offs

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05303448/filing-history/MzA3NjQ4ODE0NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05303448

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.