Specialized Security Guarding Limited (SC355068): administration
- Status
- Administration ended
- Administration began
- 2019-05-01
- Administrators
- Alistair Mcalinden, Blair Carnegie Nimmo
- Administrators' firm
- KPMG
- Formerly
- Cyclestart Limited
- Incorporated
- 2009-02-16
- Location
- Edinburgh
- Industry
- 80100 Private security activities
Why it went into administration
- Sustained trading losses
- HMRC / tax arrears
From the administrators' statement
The Company was incorporated on 16 February 2009 to provide security services at one off sporting and music events as well as traditional security guarding for properties and construction sites.
The Company operated from premises in Livingston which was leased to a related company. The Company occupied the premises on an informal basis.
The directors sold the events business and assets to a related company on 29 April 2019. All associated employees TUPE transferred at that time.
Administrators' statement of proposals (2019-07-01) · Companies House register