Chas Smith Group Limited (06882760): administration
- Status
- Administration ended
- Administration began
- 2022-01-11
- Administrators
- Michelle Marie Elliot, Simon Peter Carvill-Biggs
- Administrators' firm
- FRP Advisory
- Formerly
- Chas Smith (Shopfitters) Limited
- Incorporated
- 2009-04-21
- Location
- St Albans
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- HMRC / tax arrears
- Management failings / irregularities
- Parent or group failure
- COVID-19
From the administrators' statement
A long-established shop fitting business founded in 1921, the business specialised in design and installation of high-end fit outs, predominantly for retail automotive showrooms,
Operating from leasehold premises in Kirkintilloch (near Glasgow) and Hoddesdon (north London), CSG had nine employees.
In recent years, the business had been severely affected by the global health pandemic, with a number of projects cancelled or suspended, coupled with increased labour and raw material costs. The Company continued working throughout the pandemic, diversifying into new workstreams when retail automotive work ceased. The diversification resulted in a contract dispute on one major contract, see below.
Administrators' statement of proposals (2022-03-08) · Companies House register