EXP Management Services Limited (06229180): administration
- Status
- Administration ended
- Administration began
- 2013-03-14
- Incorporated
- 2007-04-27
- Location
- London
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- Property / lease costs
- Management failings / irregularities
From the administrators' statement
The Company was incorporated on 27 April 2007 by directors Dave Johnson and Nick Hester Prior to 22 March 2011 the Company traded as a services business but since that date it traded as a furniture and fittings Company when it purchased the business and assets of a connected company, EXP Engmeering Limited, which had been placed into Administration
The Company hired out qualified engineers at hourly rates to DNO Distribution network operators, which consists of around eight regional electricity companies in the UK The Company traded from rented offices at Chancery Court, Lincoln Inn, High Wycombe, Buckinghamshire, HP12 3RE.
The directors have advised that m February 2012, the Company was subject to internal fraud which, in Mr Hester's opinion, resulted in costs of £258,000 being incurred by the business The incident meant that the Company had a substantial lability due to HM Revenue and Customs ((HMRC’) As well as the position with HMRC the incident also brought unrest to the Company’s staff and chents
Administrators' statement of proposals (2013-05-14) · Companies House register