Aquila Facilities Limited (10291902): administration
- Status
- Administration ended
- Administration began
- 2023-03-14
- Administrators
- Sean Williams, Philip Deyes
- Administrators' firm
- Leonard Curtis
- Formerly
- A Team Commercial Services Ltd
- Incorporated
- 2016-07-22
- Location
- Leeds
- Industry
- 81222 Specialised cleaning services
Why it went into administration
- HMRC / tax arrears
- Pension deficit
- COVID-19
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
Following the completion of the pre-packaged sale of the Company’s business and assets, the Joint Administrators sent a letter to creditors on 20 March 2023 to provide further information on the sale pursuant to the requirements of the Statement of Insolvency Practice (“SIP”) 16. A copy of the information provided is attached at Appendix M of this report.
The Joint Administrators would like to draw your attention to Section 2 of the SIP16 report, which provides background information regarding the Company and events leading up to the Joint Administrators’ appointment.
As set out in the SIP16 report, the Company faced a number of restrictions to trade as a result of the COVID-19 pandemic, in particular the closure of many building sites the Company was contracted to. This meant that turnover reduced in the period following March 2020.
Administrators' statement of proposals (2023-04-25) · Companies House register