IES Mechanical Services Ltd (08764854): administration
- Status
- Administration ended
- Administration began
- 2017-09-20
- Incorporated
- 2013-11-06
- Location
- Cleckheaton
- Industry
- 35300 Steam and air conditioning supply
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
From the administrators' statement
(n order to protect the Company’s position the Director resolved that the Company should be placed into administration. Accordingly, on 20 September 2017, | was appointed Administrator by the Company's Director.
Trading the Business
Foilowing my initial consultation with the Director, it was apparent that the Company was unable to continue trading. Insufficient funds were held in the Company’s bank account to fund such course and there were a large number of problems on site. Consequenily, it was not considered that trading the business whilst in administration and conducting a marketing exercise was appropriate.
Administrators' statement of proposals (2017-11-17) · Companies House register