Aardvark Engineering Consultancy Limited (05468199): administration
- Status
- Administration ended
- Administration began
- 2012-09-26
- Administrators
- Ranjit Bajjon, Malcolm Peter Fillmore
- Administrators' firm
- Kroll
- Incorporated
- 2005-06-01
- Location
- Crawley
- Industry
- 62090 Other information technology service activities
Why it went into administration
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was formed in June 2005 and Is owned by Paul Silsby, Dr Tim Coker and Simon Smith in equal shares Mr Silsby and Mr Smith are the directors, Tim Coker was a director unt! May 2009 The business of the company was to exploit Mr Silsby’s skills and knowledge as an electronic design consultant and essentially, it was run by Mr Silsby from a small rented workshop/office at Shoreham Arport but with assistance and guidance from several others
In recent years, the business did not generate much (if any) profits Turnover to May 2010 was £44,000 and to May 2011 was £29,000 with the accounts showing losses of £22,000 and £10,000 respectively after very modest director's salaries 2011/2012 has been the year of significant problems with the one major customer and project
The Company had a reasonably tong relationship as sub-contractor to Tew Engineering Limited, which is based in Nottingham They retained the Company to supply the electronic control units for an upgrade to East Midlands Trains’ platform destination boards at St Pancras This was hoped to have been the first of a significant number of upgrades both with other train operators at St Pancras and elsewhere in the country
Administrators' statement of proposals (2012-11-20) · Companies House register