V3 Ltd (06520030): administration
- Status
- Administration ended
- Administration began
- 2013-04-25
- Administrators' firm
- Marriotts Recovery
- Incorporated
- 2008-03-01
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- Property / lease costs
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on | March 2008 by the Director and commenced trading in September 2008 as a commercial outfitting and refurbishment company, specialising in design and build, being a method to deliver a project in which the design and construction services are contracted by a single entity.
The Director built the Company's business upon his extensive contact base and knowledge of the design and butld market having worked in the industry for more than 20 years The Company's operations are conducted in the Central and Greater London area Upon invitation the Company tendered and won contracts with its customers, being London based corporations, typically ranging from £100,000 to £500,000 in value
Intually, the Company employed one member of staff to assist the Director in the Company’s day to day operations. As the business began to expand two additional members of staff were employed, one of which had a strong marketing background to help develop the Company’s business and chent base and the other to deal with book keeping issues in conjunction with the Company’s accountants.
Administrators' statement of proposals (2013-06-24) · Companies House register