Greenwich Contracts Ltd (08737488): administration
- Status
- Administration ended
- Administration began
- 2024-04-05
- Incorporated
- 2013-10-17
- Location
- Slough
- Industry
- 70229 Management consultancy activities other than financial management
Why it went into administration
- HMRC / tax arrears
- Property / lease costs
From the administrators' statement
Following the tribunal's decision in favour of HMRC’s decision in October 2023, the Company were aware of the decline in the revenue and had additional pressure in terms of outstanding VAT, with a payment plan negotiated with HRMC and successfully implemented.
The Company continued to trade whilst it explored its options to appeal the tribunal decision, which was ultimately unsuccessful.
Following the end of the VAT quarter, in late February 2024, the sole director realised that they needed to seek formal advice on their financial position.
Administrators' statement of proposals (2024-05-25) · Companies House register