Entire Facilities Management Limited (09788377): administration
- Status
- Administration ended
- Administration began
- 2024-01-08
- Incorporated
- 2015-09-22
- Location
- Matlock
- Industry
- 81100 Combined facilities support activities
Why it went into administration
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided by the Board of Directors ("the Board") of the Company and not from my personal knowledge as Administrator.
The company was incorporated in September 2015 and immediately began to trade from premises at Old Brick Works Lane, Chesterfield, S41 7JD, later taking on a lease at 21 Station Road, Bolsover in December 2020, The business was initially funded by the directors and began from a standing start, sourcing reactive works through historic contacts.
In 2017, the business began entering into longer term arrangements with clients and by 2021, a new MD was brought in as the business serviced up to a dozen clients, generating £100k+ of turnover per month.
Administrators' statement of proposals (2024-02-28) · Companies House register