DSSW Limited (06337603): administration
- Status
- Administration ended
- Administration began
- 2012-06-25
- Administrators
- Kevin John Hellard
- Administrators' firm
- Grant Thornton
- Incorporated
- 2007-08-08
- Location
- London
- Industry
- 6024
Why it went into administration
- Loss-making contracts / project overruns
- Sustained trading losses
- Energy costs
- HMRC / tax arrears
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Property / lease costs
From the administrators' statement
The Company was incorporated on 8 August 2007 and commenced to trade shortly thereafter as haulage contractors
At the date of my appointment, the Company employed 11 staff including its two directors, Mr Gary Rogerson and Mr Anthony Daffin
The Company traded quite reasonably and profitably in the early years Unfortunately, bad debts started to be incurred due to the nature of trade and the recession taking effect, which caused a strain on the cash flow of the business
Administrators' statement of proposals (2012-08-17) · Companies House register