Evalve Scotland Limited (06541142): administration
- Status
- Administration ended
- Administration began
- 2012-06-20
- Administrators
- Terry Evans, Richard Howard Toone
- Administrators' firm
- Insolvency Practitioners of CVR Global
- Incorporated
- 2008-03-20
- Location
- Southampton
- Industry
- 43290 Other construction installation
Why it went into administration
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated on 20 March 2008 as a pipeline products distributor It was formed to expand the business of Evalve (Southern) Limited, which had experienced positive growth in tts early trading years and to exploit the Scottish market
Charlie McGowan a former colleague of Phil Burch (Director) was recruited to assist with this operation with his knowledge of this local area Carl Jones also took a Directors role
The company was provided with stock, transport and capital by Evalve (Southern) Limited who also transferred their Scottish accounts to accelerate the ‘start-up’ process This formed an inter-company loan for which the company made regular repayments
Administrators' statement of proposals (2012-08-17) · Companies House register