RAM Safety Solutions UK Ltd (09904278): administration
- Status
- Administration ended
- Administration began
- 2023-03-10
- Administrators
- Lisa Marie Moxon, John Allan Carpenter
- Administrators' firm
- Dow Schofield Watts
- Formerly
- LSM Safety Limited
- Incorporated
- 2015-12-07
- Location
- Warrington
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
- Weak consumer demand
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated as LSM Safety Limited on 7 December 2015 with Paul Crane, Michael Lowry and Sarah Hatfield appointed as directors of the Company. The Company’s issued share capital consisted of 100 ordinary shares with Michael Lowry holding 50 ordinary shares, Paul Crane holding 25 ordinary B shares and Sarah Hatfield holding 25 ordinary A shares. On 30 January 2017, the Company’s name was changed to Ram Safety Solutions UK Limited.
The Company commenced trading in 2018 from leasehold premises at 3 Pitt Street, Widnes, WA8 OTG, providing specialised services including cleaning and surveying of drains, confined space consultancy and implementation, CCTV inspections, drainage cleaning culvert and outfall cleansing and surveying.
The Company’s customer base expanded with annual turnover consistently increasing with turnover reaching a peak of £3 million in 2022.
Administrators' statement of proposals (2023-05-16) · Companies House register