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Awigroup Limited (00244229): administration

Status
Administration ended
Administration began
2012-06-22
Formerly
WH 10 Limited; Moor Green Football Club Limited
Incorporated
1929-12-10
Location
Bristol
Industry
7415

From the administrators' statement

Moore Stephens LLP were initially approached by lan Childs, the director of the Company, and his independent advisor on 28 May 2012 to discuss In outline the financial position of the AWIGroup of Companies

Efforts had been made to seek additional capital, or a potential sale of the businesses in Its trading subsidianes, but both were unlikely to succeed Assessments were being done of likely work and cash flows, to explore the prospects of continuing to trade and/or maximising the recovenes from customers for creditors At a later meeting on 6 June 2012, the prospect of saving the Company had receded, but debt collection in its substdianes was a continued focus to benefit creditors

On 15 June 2012 an outline tdea was discussed to preserve Warwickshire Building & Maintenance Limited (*“WBM”), a further subsidiary of AWI, and the only one potentially capable of future profit

Administrators' statement of proposals (2012-08-07) · Companies House register

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Awigroup Limited (00244229)

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