# Best Electrical Service Team Limited (05572347)

> Why UK company 05572347 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05572347

- **Status:** Administration ended
- **Administration began:** 2014-04-25
- **Administrators:** Alexander Kinninmonth, Christopher Cooke
- **Administrators' firm:** FRP Advisory
- **Formerly:** Winter Hill Fifty Limited
- **Incorporated:** 2005-09-23
- **Location:** Eastleigh
- **Industry:** 43210 Electrical installation

## Why it went into administration

- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Creditor pressure / legal action
- Bad debts / customer insolvency

## From the administrators' statement

The Company was incorporated in September 2005 and commenced trading in April 2006 from premises at Unit 9, The 1O Centre, Whittle Way, Stevenage, Hertfordshire SG1 2BD providing a specialised reactive and planned maintenance service to retail and commercial clients

The Company built up a strong client base quickly which enabled it to expand its services, moving into general electrical works for new build and renovations, building renovation work for the Ministry of Defence, overseas renovations and renewals and the supply and fit of LED eco lighting

The Company first experienced problems tn 2008 following the administration of Woolworths plc (“Woolworths”) Woolworths was one of the Company's largest clients, accounting for approximately 20% of the Company's turnover As a result of the administration the monies owed from Woolworths (£70,000) were written off as a bad debt The subsequent loss tn turnover meant that the Company was forced to make a number of redundancies to reduce its overheads The Company also fell into arrears with HM Revenue & Customs (“HMRC”) and entered into a formal arrangement to settle the debt which was successful

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05572347/filing-history/MzEwMzkzMDA4M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05572347

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