THMT Limited (05401450): administration
- Status
- Administration ended
- Administration began
- 2018-07-19
- Formerly
- Thrower & Hammond Maintenance Limited
- Incorporated
- 2005-03-22
- Location
- Norwich
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated in 2005 to run alongside THEMSS Ltd (“THEMSS”). The Company provided electrical maintenance services to both commercial and domestic clients.
The purpose of the Company's incorporation was to ringfence the maintenance work which was regular and straightforward, whilst the irregular and more risky contracts relating to electrical and mechanical works continued to be completed by the THEMSS. The business reached a turnover of £182,195 in 2017 and the majority of business was won through the personal contacts of the director following instaltations carried out by THEMSS.
Whilst the maintenance works were provided by the Company, all staff remained employed by THEMSS therefore any works completed for the Company were cross charged by THEMSS. As a result, the Company operated an intercompany loan with THEMSS.
Administrators' statement of proposals (2018-09-27) · Companies House register