# Groundlevelservices Limited (10238576)

> Why UK company 10238576 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10238576

- **Status:** Administration ended
- **Administration began:** 2019-07-11
- **Administrators:** Andrew Poxon, Mike Dillon
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2016-06-17
- **Location:** Manchester
- **Industry:** 43290 Other construction installation

## Why it went into administration

- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract

## From the administrators' statement

The Company was incorporated on 17 June 2016. The Company commenced trading on 27 July 2016 following the purchase of the business and assets of Groundlevel Limited ~ in Administration by way of a pre-packaged sale.

The principal trading activity of the Company was Grounds Maintenance. The services that the Company provided included grounds maintenance and refurbishment and building projects. The Company employed 51 staff on our appointment.

The Company was funded by way of an invoice finance agreement with Bibby Financial Servies LTD (“Bibby”).

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10238576/filing-history/MzI0MzkwOTE3MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10238576

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