Connect Steel Solutions UK Ltd (07900333): administration
- Status
- Administration ended
- Administration began
- 2019-05-02
- Administrators
- Joseph Walter Colley, John Anthony Dickinson
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2012-01-06
- Location
- London
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Bad debts / customer insolvency
- Weather / natural events
From the administrators' statement
The Company was incorporated on 6 January 2012 and has been a family run business ever since. Its principal trading activity was as a steel fabricator incorporating design, supply and installation
As directors, Ms Turner dealt with general administrative duties, including, accounts and credit control, HR, Health & Safety and marketing, and Mr Gatehouse role included ensuring the factory and operations of the business ran smoothly, negotiating and sourcing new work. Collectively, the Directors made all of the management and strategic decision for the Company.
Further details regarding the Company’s background and trading history, including a review of its past trading results, performance and how trading was funded, can be found tn Section 1 of the SIP 16 Disclosure Note issued to creditors on 10 May 2019; a copy of which is also attached to this report at Appendix 2.
Administrators' statement of proposals (2019-06-11) · Companies House register