HUB Security Systems Limited (07692342): administration
- Status
- Administration ended
- Administration began
- 2018-05-10
- Administrators' firm
- HS Business Recovery
- Incorporated
- 2011-07-04
- Location
- Bristol
- Industry
- 80200 Security systems service activities
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Bad debts / customer insolvency
From the administrators' statement
The directors of the company have provided a history as follows;
“The company was incorporated on 4 July 2011 and commenced trading that same month. The principal trading activity of the company was the supply, installation and servicing of fire alarms and electronic security systems such as CCTV, access control and intruder alarms.
The company was initially financed by personal loans made to the company by the two Directors.
Administrators' statement of proposals (2018-06-12) · Companies House register