Redfour MSS (Maritime Security Solutions) Ltd (06773096): administration
- Status
- Administration ended
- Administration began
- 2013-11-22
- Incorporated
- 2008-12-15
- Location
- Gateshead
- Industry
- 80100 Private security activities
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The information detailed below has been provided to us by the Company No verification of this information has been carried out by the Administrators
The Company was incorporated on 15 December 2008 and provided maritime security guarding solutions for shipping transits in the high pirate risk areas off the African coasts, together with the Gulf of Aden
The Company was one of the founding Companies of the maritime secunty market and was relatively profitable from the outset, achieving sales of over £10m and generating a net profit of c£300k in the financial year ended 30 June 2012
Administrators' statement of proposals (2014-01-16) · Companies House register