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MEC - Serv Ltd (05698643): administration

Status
In administration
Administration began
2026-01-09
Administrators
Andrew David Rosler
Administrators' firm
Insolvency and Law
Incorporated
2006-02-06
Location
Bolton
Industry
43220 Plumbing, heat and air-conditioning installation

Why it went into administration

From the administrators' statement

In December 2025, the directors of the Company engaged Insolvency and Law Limited to undertake a review of the accounting and financial information. Following this review, Insolvency and Law Limited referred the directors to Andrew Rosler of Ideal Corporate Solutions Limited to provide bespoke advice.

On 05 January 2026, the Company formally engaged Ideal Corporate Solutions to assist the Directors to place the Company into Administration. In the period prior to Administration, the proposed administrator was able to interrogate various Company systems and assimilate key information required for the upcoming insolvency procedure, particularly concerning the Company’s assets and liabilities.

The Company’s biggest asset represented amounts due in respect of retentions. The Proposed Administrator obtained details of the retentions and undertook a review of the retention schedule to determine the realistic value of recoveries in this respect. The Proposed Administrator liaised with a collection specialist and formulated an initial strategy to maximise recoveries. Further details of progress in this respect are below.

Administrators' statement of proposals (2026-03-13) · Companies House register

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MEC - Serv Ltd (05698643)

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