Utopia Building and Roofing Solutions Ltd (06538376): administration
- Status
- Administration ended
- Administration began
- 2014-06-16
- Administrators
- Gareth James Lewis
- Administrators' firm
- BPI Asset Advisory
- Formerly
- Utopia Building Solutions Limited; APF Flat Roofing Services Limited
- Incorporated
- 2008-03-18
- Location
- Leeds
- Industry
- 43910 Roofing activities
From the administrators' statement
The Company traded as general building and roofing contractors, typically undertaking office refurbishments and fit outs, as well as general building maintenance Attached at Appendix 1, 1s the statutory information of the Company
Tt ts believed that the Company had primarily being making losses as a result of performing unprofitable works, which lead to works ceasing with one of their major work providers in October 2013 After the recruitment of a new employee, the Company had begun to win some new work, however, the Company's cost savings and efficiency measures were only implemented recently, at which point when cashflow had already suffered to an extent that it had to cease trading
After taking professional advice from Lewis Business Recovery & Insolvency, the director concluded that the Company should be placed into Administration
Administrators' statement of proposals (2014-08-15) · Companies House register