AP (2012) Realisations Limited (06484734): administration
- Status
- Administration ended
- Administration began
- 2012-05-22
- Administrators' firm
- DL Partnership
- Formerly
- Alarm Protect Ltd
- Incorporated
- 2008-01-25
- Location
- Halifax
- Industry
- 80100 Private security activities
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 25 January 2008, though it did not commence trading until the following year as a provider of electronic security products and services Mr Adam Hendry and Mr Craig Hendry were appointed directors at the time of incorporation and provided the majority of the working capital upon commencement of trading.
The Company traded from leasehold premises situated at North Vale Mill, Bradford Road, Brighouse, HD6 4DJ. The inital principal activity of the Company was to supply and instail intruder alarm systems, CCTV and other integrated products as well as remote monitoring of these products, although the Company did diversify into manned security in later years. The alarm installation services were generally limited to the West Yorkshire area although the alarm monitoring services could be provided far and wide
The Company's first full year of trading reported a modest profit for the year ended 31 January 2010 of £5,889 on turnover of £52,291 as the Company attempted to establish itself. Realtsing that the Company needed to expand tts operations in order to move forward the directors decided tn April 2010 to take over the responsibilities of another company, namely Calderdale Security Services Limited (“CSS”). CSS was a provider of manned guarding services and upon ceasing to trade its 40 employees were transferred over to the Company, together with some assets and other liabilities The addition of this service allowed the Company to offer security workers to be placed at client premises, mobile security officers to make out of hours scheduled visits and alarm response personnel with key holding duties. 3.6
Administrators' statement of proposals (2012-07-17) · Companies House register