# IES Mechanical Services Ltd (08764854)

> Why UK company 08764854 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08764854

- **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- Funding withdrawn / unable to refinance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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08764854/filing-history/MzE5MDQzMTU5MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08764854

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.