# LMP Truck and Trailer Repairs Limited (07100290)

> Why UK company 07100290 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07100290

- **Status:** Administration ended
- **Administration began:** 2013-02-22
- **Incorporated:** 2009-12-10
- **Location:** Sheffield
- **Industry:** 45200 Maintenance and repair of motor vehicles

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

The Company was incorporated on 10 December 2009 and began trading shortly thereafter as providers of repair services of commercial vehicle fleets It operated various sites tn Irlam, Manchester

Initally, the business was profitable and the Company moved to larger premises which enabled it to source larger contract work However, during 2012, a large customer changed the way in which it ordered work to be undertaken, which in turn resulted in a dramatic reduction in the Company’s turnover As a result the business soon began to experience cashflow difficulties

The Company banked with HSBC Bank ple It did not operate with any overdraft facility but had usage of a loan, of which there Is currently a balance outstanding of £15,914 72

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07100290/filing-history/MzA3NjE1Nzc1MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07100290

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