Professional Building Solutions Ltd (07308308): administration
- Status
- Administration ended
- Administration began
- 2013-10-29
- Administrators
- Michael Stephen Elliot Solomons, Andrew James Pear
- Administrators' firm
- BM Advisory
- Formerly
- Professional Building Services (PBS) Ltd
- Incorporated
- 2010-07-08
- Location
- London
- Industry
- 43390 Other building completion and finishing
Why it went into administration
- Property / lease costs
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 8 July 2010 and traded as a building contractor tn both the public and private sectors throughout London and the Home Counties It had an annual turnover in the order of £3m and operated from leasehold premises at Unit 7 Imperial Park, Rawreth Lane, Rayleigh, Essex SS6 9RS. The Company owned very little plant and equipment and hired machinery as and when it was required It had approximately 14 employees, with two directors, Peter Spicer and Mark Whittam, who were also equal shareholders, holding 50 ordinary shares each.
Restructuring and insolvency services are provided through BM Advisory LLP and our partners are licensed in the United Kingdom to act as insolvency practitioners
by the Association of Chartered Certified Accountants Partners and staff acting as administrators and administrate receivers act as agents of the company over which they are appointed and contract without personal Itability BM Advisory LLP 1s a limited lability partnership registered in England and Wales (number OC360944) Registered office 82 St John Street, London EC1M 4}N, England
Administrators' statement of proposals (2014-01-02) · Companies House register