Target GAS Utility Services Ltd (08161399): administration
- Status
- Administration ended
- Administration began
- 2018-08-30
- Administrators
- Andrew Poxon, Julien Robert Irving
- Administrators' firm
- Leonard Curtis
- Formerly
- Target GAS Services Ltd
- Incorporated
- 2012-07-30
- Location
- Manchester
- Industry
- 43210 Electrical installation
Why it went into administration
- Creditor pressure / legal action
- Rising costs / inflation
- Cash flow / liquidity pressure
- Property / lease costs
From the administrators' statement
The Company was incorporated on 30 July 2012 and commenced trading shortly following its inception. The Company's registered number is 08161399.
The Company's principal trading activity was the installation and maintenance of gas meters. The gas metering operation was also complemented by a fabrication division which supplied welding services for gas pipework.
The registered office and principal trading address of the business was Unit 4 Southlink Workshops, Southlink Business Park, Southlink, Oldham, Lancashire, OL4 1DE. The Company also traded from Unit 11 Southlink Workshops, Southlink Business Park, Southlink, Oldham, Lancashire OL4 1DE. Both premises were occupied by the Company informally with each landlord. There are understood to be two tenancy at will agreements with Oldham Metropolitan Borough Council, one agreement is in the name of Michael Connelly and Paul Hulley, the other agreement was in the sole name of Michael Connelly. The Company was a sub-tenant of both properties and as at the date of the Administration, it is understood that there were no rent arrears owed to Michael Connelly or Paul Hulley.
Administrators' statement of proposals (2018-11-27) · Companies House register