# Geckotech Solutions Limited (SC301770)

> Why UK company SC301770 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC301770

- **Status:** Administration ended
- **Administration began:** 2019-07-22
- **Administrators:** Blair Carnegie Nimmo, Geoffrey Isaac Jacobs
- **Administrators' firm:** KPMG
- **Incorporated:** 2006-05-04
- **Location:** Edinburgh
- **Industry:** 43999 Other specialised construction activities n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency

## From the administrators' statement

The Company was incorporated in May 2006 as a supplier of specialist access services to several sectors, including:- the oil and gas industry; rail; marine; construction; and renewables.

The Company, operating from leasehold premises in Edinburgh, was founded by the director and sole shareholder, Stephen Pearson.

We understand that during its early years of trading, the Company generated modest sales, from which small profits were returned in most years. The Company’s peak trading activity occurred during FY18, when it generated turnover of c£5.7million, from which a net loss of c£190,000 was incurred. _

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC301770/filing-history/MzI0NDAyMDQ5NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC301770

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