Granite Search and Selection Ltd (06736102): administration
- Status
- Administration ended
- Administration began
- 2024-10-30
- Administrators
- Glyn Mummery, Martin John Weller
- Administrators' firm
- FRP Advisory
- Incorporated
- 2008-10-29
- Location
- The Drive
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
From the administrators' statement
Granite Search and Selection Limited was incorporated in 2008 by the previous director Paula Mitchell (“PM”) along with the current director Toni Camisotti (“TC”). The sole purpose of the company was to provide permanent and temporary jobs to construction companies.
The Company traded from a leased premises based in Fenchurch Street, London, with varying number of employees who were employed on a salary/commission basis.
Historically, the business was very successful and profitable, however, it began to face challenges when TC took over the business from PM in 2018.
Administrators' statement of proposals (2024-12-23) · Companies House register