Westcountry Environmental Services Ltd (07247429): administration
- Status
- Administration ended
- Administration began
- 2013-09-23
- Administrators
- Daniel Plant, Simon Franklin Plant
- Administrators' firm
- SFP Restructuring
- Incorporated
- 2010-05-10
- Location
- London
- Industry
- 39000 Remediation activities and other waste management services
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
Albeit that statutory information ts contained in Appendix Il, these Proposals provide bnef details in telation to the Company's history
The Company was incorporated on 10 May 2010 to provide asbestos removal services Mr Bemard was the original director of the Company The business was established with Mr S Kerison and Mr L Kerrison who initially worked as managers It is understood that Mr Bernard had little experience with the operational aspects of an asbestos removal business and several months after incorporation, he was dissatisfied with the potential of the venture and also had concems about the high level of funding requirements
This led Mr Bernard to sell his interest in the Company to Mr S Kerrison and Mr L Kernson It was tentatively agreed that a payment would be made to Mr Bernard however, it ts understood that no formal agreement was entered into and no payments were ever made
Administrators' statement of proposals (2013-10-18) · Companies House register