Connaught Security Ltd (07298725): administration
- Status
- Administration ended
- Administration began
- 2024-07-04
- Administrators' firm
- Mazars
- Incorporated
- 2010-06-29
- Location
- Milton Keynes
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Bad debts / customer insolvency
- Loss of a key customer, supplier or contract
- Parent or group failure
From the administrators' statement
Details provided in this section of our report have been taken from publicly available information and also high-level narrative from one of the directors.
The Company was incorporated on 29 June 2010 and initially provided a range of security services including fencing, CCTV and access (gates and barriers). Throughout its trading history, the business has operated from a leasehold premises in Bolton. Since July 2022, the main work being undertaken by the business was fencing installations on new build housing developments and commercial sites, with the average order being c. £5k.
Alan Crowshaw has been involved in the management of the Company from its inception, with two other individuals being appointed directors in December 2010; Nicola Crowshaw and lan Wilson. All three individuals remain as directors.
Administrators' statement of proposals (2024-08-01) · Companies House register