# Midland Ceilings Ltd (07305095)

> Why UK company 07305095 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07305095

- **Status:** Administration ended
- **Administration began:** 2015-01-28
- **Administrators:** Christopher Laughton, Peter John Godfrey-Evans
- **Administrators' firm:** Antony Batty
- **Incorporated:** 2010-07-06
- **Location:** Central Milton Keynes
- **Industry:** 43390 Other building completion and finishing

## Why it went into administration

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

## From the administrators' statement

Mercer & Hole were first approached by the director on the 19 January 2015 when advice was sought on how to deal with the winding up petition served by SIG Trading Limited Initially advice was sought on placing the company into Creditors Voluntary Liquidation

Following a brief review of the Company's financial position and discussion with the director it was clear that urgent action needed to be taken to protect the interests of creditors The key tssues for the Company as identifted by the director were

• Lack of funds available to discharge the debt of £50,274 due SIG Trading Limited, the petitioning creditor, and the threat that another creditor would seek substitution of the petition

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07305095/filing-history/MzEyMDkxMDM2MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07305095

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