GCH Realisations Ltd (07991513): administration
- Status
- Administration ended
- Administration began
- 2023-09-21
- Administrators
- Gary Steven Pettit
- Administrators' firm
- PBC Business Recovery & Insolvency
- Formerly
- Clean4Shaw Ltd
- Incorporated
- 2012-03-15
- Location
- Northampton
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- COVID-19
- HMRC / tax arrears
- Bad debts / customer insolvency
From the administrators' statement
The company traded as commercial cieaning providers, window cleaning and solar PV cleaning and has successfully traded since it was established in 2012.
The company began to suffer following the Covid-19 pandemic. The company expanded into the construction of solar sites which was not as successful as initially hoped. Due to non-payment from clients and poor standards of work from sub-contractors the company suffered a significant loss.
The primary reason for the company’s insolvency is due to the significant loss detailed above and a senior manager leaving the business and, as a result, the company lost substantial clients, resulting in a loss of income, With this the company could also not compete with a new contractor and there significantly reduced prices.
Administrators' statement of proposals (2023-10-12) · Companies House register