Optimum Fire & Interiors Ltd, based at Eden Business Park in Penrith, entered creditors’ voluntary liquidation in October after almost 12 years in business.
Documents filed at Companies House reveal debts totalling £310,887, including more than £245,000 owed to HM Revenue and Customs, with no assets expected to be realised.
Liquidators have now revealed that the loss of several important customers left the company struggling to secure enough work to remain viable.
Loss of major clients
A spokesperson from insolvency firm Parker Walsh, said: “The Company’s closure followed the loss of a number of key clients who had themselves entered into administration.
“The loss of this business had a significant adverse…