TNA Electrical makes administration application
Cannock based building service specialist TNA Electrical has filed an administration application.
The £30m turnover firm works on packages worth up to £12m and was founded by brothers Andrew (pictured) and Neil Jones in 2009.
Latest accounts for TNA for the year to January 31 2024 show a turnover of £30m generating a pre-tax loss of £2.1m with the company employing 25 staff.
Data and credit checking specialist Red Flag Alert highlighted the firms’ administration notice with its regular checks of high court construction insolvency applications. Subscribers to the Red Flag Alert service benefit from early warnings about the financial health of companies to help them avoid bad debts.
The Enquirer has linked-up with Red Flag Alert to offer readers a discount on its services and help you avoid worthless invoices from insolvent companies.
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