APS Developments Ltd (07430525): administration
- Status
- Administration ended
- Administration began
- 2018-07-13
- Administrators' firm
- Jonathan Amor of A.m. Insolvency
- Incorporated
- 2010-11-05
- Location
- Worksop
- Industry
- 43910 Roofing activities
Why it went into administration
- Bad debts / customer insolvency
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Loss-making contracts / project overruns
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 5 November 2010 and began trading immediately. The Company was originally financed by the director from personal funds.
The Company was a roofing contractor and carried out all aspects of roofing work on typically large commercial projects. The Company specialised in metal roof cladding, single ply membranes & rain screen systems including stone. The contracts were mainly new build projects from industrial buildings to student accommodation blocks, schools, offices and bespoke residential developments.
The Company’s main customers were large construction companies. The Company was successful for a number of years with estimated sales in the region of £250-300,000 and total turnover of £3m.
Administrators' statement of proposals (2018-09-25) · Companies House register