Proton EMC Limited (07072364): administration
- Status
- Administration ended
- Administration began
- 2014-05-13
- Administrators' firm
- Mazars
- Incorporated
- 2009-11-11
- Location
- Nottingham
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Bad debts / customer insolvency
From the administrators' statement
The company was incorporated in November 2009 operating as a building, electrical, plumbing and heating contractor The company’s customer base comprised both large Midlands based construction businesses and a mux of smaller domestic and commercial customers
Initially finance was provided by Lloyds TSB Bank ple via an overdraft facility of £75,000 This was later reduced to £55,000 which was secured against Colin Harrison’s residence
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Administrators' statement of proposals (2014-07-16) · Companies House register