J D Cooling South East Limited (11381919): administration
- Status
- Administration ended
- Administration began
- 2023-09-25
- Administrators
- Andrew Mctear, Joanna Watts
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2018-05-24
- Location
- Norwich
- Industry
- 43220 Plumbing, heat and air-conditioning installation
Why it went into administration
- Creditor pressure / legal action
- Competition / price pressure
- HMRC / tax arrears
- Sustained trading losses
- Energy costs
- Loss-making contracts / project overruns
From the administrators' statement
The Company was incorporated on 24 May 2018 with the intention that it would start as a trading department of J D Cooling Systems Limited (“JDCS”) covering the South East region which, over time, would be hived off into a separate self-sufficient company once trading had been established.
The Company’s main business was the service and maintenance of industrial cooling equipment as well as HVAC installations although in addition to this it also carried out various specialist services including the installation of safety doors and barriers as well as cleaning refrigeration systems.
On 1 June 2019 sufficient trading had been established in the South East region that the various customer contracts were transferred to the Company in its own right. Two of the founding staff members were made directors and each were given a shareholding stake of the Company although the majority shareholder remained as J D Cooling Limited, one of the J D Cooling Group companies.
Administrators' statement of proposals (2023-11-17) · Companies House register