# Vital Building Services Limited (07070509)

> Why UK company 07070509 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07070509

- **Status:** Administration ended
- **Administration began:** 2018-05-02
- **Incorporated:** 2009-11-09
- **Location:** London
- **Industry:** 43390 Other building completion and finishing

## Why it went into administration

- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Loss-making contracts / project overruns

## From the administrators' statement

Vital Building Services Limited (“the Company”) was incorporated on 9 November 2009 by its founding shareholder and sole director, Mr Shaban Vitia. The intention behind starting up the business was mainly to provide services to homeowners looking to extend or refurbish their properties.

The Company benefited from the Director’s experience prior to incorporation. Many of its clients were high net worth.

As the volume of the business increased the Company started facing cash flow difficulties to meet the needs of a growing and demanding business.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07070509/filing-history/MzIwOTMyMTIzNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07070509

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