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Ashworth and Bird Limited (00820829): administration

Status
Administration ended
Administration began
2014-09-23
Administrators
Michael Christian Kienlen, Mark Nicholas Ranson
Administrators' firm
Mazars
Formerly
Frank Bird (Menswear) Limited
Incorporated
1964-09-25
Location
Leeds
Industry
47710 Retail sale of clothing in specialised stores

From the administrators' statement

The Company was introduced to Armstrong Watson by Mazars LLP Chartered Accountants In order to discuss the options available to it. In this case, the Joint Administrators considered a pre-packaged sale to be necessary because it enabled the Company to trade for a very short period in order to secure the pre packaged sale and enable the jobs of the employees to be saved across all of the Company’s stores. It was also unlikely that a Company Voluntary Arrangement would have been approved by creditors as a payment plan that was already in place with HM Revenue & Customs had been reneged on.

I can confirm that Armstrong Watson were formally engaged by the Company on 9 September 2014. |

lem Renee ene meses

Administrators' statement of proposals (2014-11-25) · Companies House register

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Ashworth and Bird Limited (00820829)

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