Wellman Thermal Services Limited (06916473): administration
- Status
- Administration ended
- Administration began
- 2014-08-07
- Administrators' firm
- Insolve Plus
- Incorporated
- 2009-05-27
- Location
- London
- Industry
- 25300 Manufacture of steam generators, except central heating hot water boilers
Why it went into administration
- Competition / price pressure
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
The information in this report has been compiled from information provided by the Directors and their advisors
Wellman Thermal Services Limited was incorporated on 27 May 2009
The Company’s banking facilities were operated by Barclays Bank Pic However on 4 July 2011 the Company entered in to a Recourse Lending Agreement with WTD Limited who initially provided the Company with £1 8 million
Administrators' statement of proposals (2014-10-10) · Companies House register