Oakdale Electrical Contractors Limited (08116100): administration
- Status
- Administration ended
- Administration began
- 2025-10-16
- Administrators
- Mark Nicholas Ranson, Ian Mcculloch
- Administrators' firm
- Opus Restructuring
- Formerly
- A.S.H Electrical (NW) Ltd
- Incorporated
- 2012-06-22
- Location
- Milton Keynes
- Industry
- 43210 Electrical installation
Why it went into administration
- Loss-making contracts / project overruns
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
From the administrators' statement
At the meeting on 9 September 2025, lan McCulloch and Mark Nicholas Ranson of Opus Restructuring LLP were formally instructed by the sole Director, and an in depth review of the Company’s financial position was undertaken. Advice regarding the statutory and nonstatutory options available, was also provided.
The total unsecured liabilities at the time were estimated at £450,000, including £60,000 owed to HM Revenue & Customs. There was also £179,000 owed to the secured creditor, F W Capital Limited.
The Company owned nominal tangible assets with a net book value of £18,000. Intercompany balances were estimated at £90,000 and the Company was owed in the region of £200,000 from debtors and retentions.
Administrators' statement of proposals (2025-12-10) · Companies House register