John Florence Limited (01020983): administration
- Status
- In administration
- Administration began
- 2024-10-15
- Administrators
- David F Perkins, Grace Jones
- Administrators' firm
- Westgates Restructuring
- Incorporated
- 1971-08-16
- Location
- Norwich
- Industry
- 86900 Other human health activities
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
3.1 Prior to entering Administration, the Company sought to agree a Time to Pay arrangement with HMRC in respect of a significant liability. Whilst the Company believed an agreement was in place, steps were taken by HMRC to issue a winding up petition.
3.2 The directors sought advice on the Company’s financial position, initially from Westgates Restructuring Ltd, whereby a prepack Administration was being considered, and subsequently from Parker Andrews due to internal director issues.
3.3 Given the financial position of the Company, and the threat of a petition, the directors considered the best course of action was to place the Company into Administration.
Administrators' statement of proposals (2024-12-09) · Companies House register