Heathfield Contracting Ltd (06693528): administration
- Status
- Administration ended
- Administration began
- 2012-05-04
- Incorporated
- 2008-09-10
- Location
- Sheffield
- Industry
- 4531
Why it went into administration
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Parent or group failure
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 10 September 2008 and commenced trading in September of that year from leased premises in No 2 The Barn, Beechleigh, Southwick Road, Wickham PO17 6HX The Company's principal business activity ts that of electrical installation
It traded successfully in its initial years following incorporation providing a personal and professional service in the electrical contracting marked and established an excellent relatonship with its major customer which has developed over the Company's trading history
The Company sufferea from strong competition in the market place which led to it reducing its pricing strategy to secure work Inevitably this had an impact on the Company's profit margins The Company's main competitor also attempted to poach Its main customer and the Company to make
Administrators' statement of proposals (2012-07-03) · Companies House register