Trench Networks Limited (09589032): administration
- Status
- Administration ended
- Administration began
- 2023-08-02
- Administrators
- Andrew D Haslam, Antonya Allison
- Administrators' firm
- FRP Advisory
- Incorporated
- 2015-05-13
- Location
- Newcastle upon Tyne
- Industry
- 61200 Wireless telecommunications activities
Why it went into administration
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated in 2015 with Kevin Latimer (‘KL’) appointed as sole director.
Over the lifespan of the Company, several directors have been appointed and resigned with KL remaining now as the sole director.
The Company traded from rented premises at 2 Merchant Court, Monkton Business Park, Hebburn, NE31 2EX (2,263sqft).
Administrators' statement of proposals (2023-08-19) · Companies House register