# GMT Facade Installations Limited (06351733)

> Why UK company 06351733 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06351733

- **Status:** Administration ended
- **Administration began:** 2014-05-01
- **Administrators:** Simon Franklin Plant, Daniel Plant
- **Administrators' firm:** SFP Restructuring
- **Incorporated:** 2007-08-23
- **Location:** London
- **Industry:** 43390 Other building completion and finishing

## Why it went into administration

- Cash flow / liquidity pressure
- HMRC / tax arrears
- Over-expansion / investment not recovered

## From the administrators' statement

Ms Juhasz explained that pnor to the formation of the Company, Mr Boros had worked for a construction company in Hungary and obtained over fifteen years of expenence in fitting glass facades

Further, that in the mid 1990's, they formed a Hunganan company in the name of Boros to specialise in fitting glass facades, utilising Mr Boros’ expenence in the industry Ms Juhasz ts understood to have undertaken an administrative role

Boros won a number of contracts in Hungary and Ausina, including contracts with Permasteelisa Ms Juhasz advised that for the next 10 years the customer base contnued to grow As a result, the company's tumover steadily increased and profits continued to grow annually

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06351733/filing-history/MzEwMTc5MTIxN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06351733

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.