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Energy Maintenance Co. Limited (05905643): administration

Status
Administration ended
Administration began
2015-12-16
Administrators
Kevin Gerald Murphy, Andrew Poxon
Administrators' firm
Leonard Curtis
Formerly
PPE Syndicates Limited
Incorporated
2006-08-15
Location
Manchester
Industry
33200 Installation of industrial machinery and equipment

Why it went into administration

From the administrators' statement

The Company was incorporated on 15 August 2006 and began trading shortly thereafter The directors on our appointment were Mr Shaun Nugent, Mrs Seyham Nugent and Mr Peter Tierney The shareholders of the Company are Mr Shaun Nugent, Mr Peter Tiermey, Ms Jennifer Ramsey and UK Steel Enterprise Limited

The Company traded from leasehold premises at Room N231, The Wilton Centre, Redcar, TS10 TRF and its principal activity is that of service and maintenance of critical infrastructure systems and equipment The Company was an independent specialist provider of critical power and cooling solutions to the commercial and industrial sectors globally The Company held a number of framework contracts with its customers however there were two principal customers The Company employed 12 staff

The Company has been funded by way of an invoice finance facility held with Bibby Financial Services Limited ("Bibby”}, who hold security by way of a debenture incorporating a fixed and floating charge over the Company assets, created on 25 November 2009 Further funding has been provided by the directors and shareholders by way of unsecured loans in excess of £125,000 | can advise that a personal guarantee was provided to Bibby by Mr Shaun Nugent

Administrators' statement of proposals (2016-02-01) · Companies House register

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Energy Maintenance Co. Limited (05905643)

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