Uniconn Limited (SC189241): administration
- Status
- Administration ended
- Administration began
- 2018-01-26
- Administrators
- Francis Graham Newton, James Bernard Stephen
- Administrators' firm
- BDO
- Incorporated
- 1998-09-10
- Location
- Glasgow
- Industry
- 09100 Support activities for petroleum and natural gas mining
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 10 September 1998. it has 3 distinct service lines offering a one-stop shop for its customers in the oil and gas sector:
• Rentals: provides a rental fleet of equipment comprising casing running tools and complete tubing running packages, including all associated handling equipment and accessories;
• Torque Test: provides torqueing and pressure-testing services; and
Administrators' statement of proposals (2018-03-22) · Companies House register