Loves PLC (00627246): administration
- Status
- Administration ended
- Administration began
- 2011-05-11
- Incorporated
- 1959-05-01
- Location
- Walsall
- Industry
- 5131
From the administrators' statement
I was approached as an Insolvency Practitioner to advise the Directors of Loves as to the Company’s insolvent position 1 was introduced to the Company by 1ts Accountants, Baldwins Limited of Walsall
I first met the Directors Wiliam Sumner and Philip Carr on 22 March 2011 and again on 14 Apnil 2011 I also met the directors shortly before my appointment on 11 May 2011 I was instructed to advise the Company and not the Directors as to their personal positions
Having reviewed the options available to the Directors I agreed with them that the best option for creditors as a whole was a pre-packaged sale of the business and assets immediately following the appointment of an Admunistrator.
Administrators' statement of proposals (2011-05-26) · Companies House register