Green Light Traffic Management Limited (05404357): administration
- Status
- Administration ended
- Administration began
- 2017-03-21
- Administrators
- Patrick Alexander Lannagan, Robert David Adamson
- Administrators' firm
- Mazars
- Incorporated
- 2005-03-24
- Location
- Leeds
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- Sustained trading losses
- Competition / price pressure
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Property / lease costs
From the administrators' statement
Company History The Company was incorporated in March 2005 by Martin Parkin and Neil Davis.
The Company was an established and experienced provider of temporary traffic management services in the UK, assisting in all phases of traffic management, permits, equipment, implementation, hire, removal and personnel.
Its principle activity was specialising in the design and implementation of large high speed sector schemes, through to lane closure, road closure, diversions or temporary traffic signals, operating from leasehold premises at Unit 25, Dewsbury Mills, Dewsbury.
Administrators' statement of proposals (2017-05-28) · Companies House register