Total Concept Solutions Geothermal Limited (06521495): administration
- Status
- Administration ended
- Administration began
- 2012-08-15
- Incorporated
- 2008-03-03
- Location
- Newcastle upon Tyne
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- Loss-making contracts / project overruns
- Property / lease costs
From the administrators' statement
Total Concept Solutions Geothermal Ltd traded under the name of TCS and was a ground source installation contractor based in Bristol It secured orders from a variety of main contractors and subcontracted the works to other contractors, project managing to deliver the order to the client
The Company was incorporated in March 2008
The Company was financed through working capital along with an overdraft facility of £25,000 provided by Barclays Bank pic ("Barclays") it does not hold any bank loans or hire purchase arrangements
Administrators' statement of proposals (2012-09-25) · Companies House register