companydig

MRB Cleaning Limited (07310503): administration

Status
Administration ended
Administration began
2022-10-28
Administrators' firm
Xeinadin
Formerly
T.I.B.C. Limited
Incorporated
2010-07-09
Location
Manchester
Industry
81299 Other cleaning services

Why it went into administration

From the administrators' statement

The Company was incorporated on 9 July 2010 but lay dormant for a number of years. Mark Biffin (“the Director”) was appointed as director and acquired 100% of the shareholding on 10 October 2017. The Company’s name up until 12 October 2017 was T.I.B.C. Limited. The Company provided commercial cleaning services to establishments such as pubs, clubs, restaurants and hotels.

The Company purchased the business and assets from Bay Cleaning Solutions (Commercial) Limited through a pre-packaged administration sale on 19 October 2017. The Director was also a director of Bay Cleaning Solutions (Commercial) Limited.

The Company had two profitable years in 2018 and 2019 following the purchase mentioned above. However, as a result of the COVID-19 global pandemic and the restrictions imposed on the UK in late March 2020, many of the Company's customers closed and no longer needed its services. The majority of the Company’s customers are in the hospitality and leisure industry which were two of the hardest hit industries due to the COVID-19 restrictions.

Administrators' statement of proposals (2022-11-22) · Companies House register

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MRB Cleaning Limited (07310503)

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