Totally Clean Solution Limited (07375221): administration
- Status
- Administration ended
- Administration began
- 2012-03-27
- Administrators
- Geoffrey Paul Rowley, Jason Daniel Baker
- Administrators' firm
- FRP Advisory
- Incorporated
- 2010-09-14
- Location
- London
- Industry
- 7470
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
From the administrators' statement
Totally Clean Solution Limited (‘TCS’) was incorporated in September 2010 to provide a cleaning service for pubs, clubs and restaurants. It was a related company to Hotel Solutions London Limited CHSLL”) that was also placed into Administration on 27 March 2012. .
The set up costs and working capital of TCS were funded by HSLL being its majority shareholder with 90% of the equity. A former director, Andrew Lawson, who left the business prior to Administration, owns the remaining 10% of the equity.
The financial records maintained by the directors were minimal and flack the level of detail that we would expect for a business of this type. The historical financial performance and the financial position at the date of Administration are therefore unclear and our investigations into the affairs of the Company and our ability to report informaton to creditors are restricted at this juncture.
Administrators' statement of proposals (2012-05-25) · Companies House register