Chelmer Site Investigation Laboratories Limited (06745888): administration
- Status
- Administration ended
- Administration began
- 2017-07-05
- Incorporated
- 2008-11-11
- Location
- Ilford
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Sustained trading losses
From the administrators' statement
The company was incorporated on 11 November 2008 and commenced trading shortly thereafter with its principal business activity being soil and construction investigatory testing for the construction industry.
The business utilised the knowledge and contacts of Mr Paul Edwards within this bespoke industry.
Unfortunately, over the last two years the company’s gross margins have been in a slow decline with the consequent reduction in profitability.
Administrators' statement of proposals (2017-09-12) · Companies House register