Hire-A-Lite (UK) Limited (08400478): administration
- Status
- Administration ended
- Administration began
- 2020-10-12
- Administrators
- Henry Lan, Asher Miller
- Administrators' firm
- RSM
- Incorporated
- 2013-02-13
- Location
- London
- Industry
- 52290 Other transportation support activities
Why it went into administration
- COVID-19
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 13 February 2013 and its principal activity was the provision of traffic management services. The Company traded from premises at Steele House, Hall Lane, Greens Road, Dereham, Norfolk NR20 3TG occupied under a tenancy at will.
The Company was set up to help service the Openreach superfast broadband network across Norfolk, Suffolk and Essex. Opportunities tn the telecoms industry were considerable, given the government’s commitment to deliver superfast broadband and local full fibre networks to the nation. This commitment included a Broadband Universal Service Obligation, so that from March 2020, all citizens across the UK would have a clear, enforceable right to request high speed broadband connectivity. As firms strived to meet this demand, the amount of work available increased significantly.
The Company created and developed a proprietary IT system, Athena TM, in order to plan and deliver traffic management jobs. Athena TM was capable of seamless integration with customers’ IT systems, and changed the way the Company undertook traffic management services. With its superior customer support and delivery infrastructure, the Company cultivated an excellent reputation within the market for the quality and efficiency of its services.
Administrators' statement of proposals (2020-12-11) · Companies House register