# Fusion Drainage 24/7 Limited (07055182)

> Why UK company 07055182 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07055182

- **Status:** Administration ended
- **Administration began:** 2018-10-16
- **Administrators:** Adam Harris, Guy Robert Thomas Hollander
- **Administrators' firm:** Mazars
- **Formerly:** Fusion Welding 24/7 Limited
- **Incorporated:** 2009-10-23
- **Location:** London
- **Industry:** 43220 Plumbing, heat and air-conditioning installation

## Why it went into administration

- Management failings / irregularities
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Property / lease costs
- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 23 October 2009 as Fusion Welding 24/7 Limited. The Company changed its name to Fusion Drainage 24/7 Limited on 30 March 2010. The sole director and shareholder is Steven Martin, the only consistent stakeholder involved from the

incorporation of the Company.

The Company traded from Waterhall Farm, Lower Hatfield Road, Hertford, Hertfordshire, SG13 8LE and specialised in the installation, repair and maintenance of plumbing and heating systems. The Company’s provided services to a number of hotels and commercial customers

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07055182/filing-history/MzIyMzc1OTI1OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07055182

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.