Efti Limited (05731419): administration
- Status
- Administration ended
- Administration began
- 2017-03-08
- Administrators
- Conrad Alan Beighton, Paul David Masters
- Administrators' firm
- Leonard Curtis
- Formerly
- The Finishing Touch (L.Spa) Limited
- Incorporated
- 2006-03-06
- Location
- Birmingham
- Industry
- 81229 Other building and industrial cleaning activities
Why it went into administration
- Bad debts / customer insolvency
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The business originally traded as a partnership under the trading name ‘The Finishing Touch’, until in March 2006, the Company was incorporated as The Finishing Touch (1.Spa) Ltd, providing decorating services to residential and commercial properties within the Leamington Spa and Midlands areas, as well as nationwide.
The Company's focus expanded to include planned maintenance works, covering the following sectors — high specification works, heritage works, retail, commercial and education.
On 21 January 2015, the Company changed its name to EFTI Limited to reduce the emphasis on the decorating side of the business and to assist in the promotion of alternative works available to its customers.
Administrators' statement of proposals (2017-04-03) · Companies House register