Warren-Morrison Valves Limited (01095795): administration
- Status
- Administration ended
- Administration began
- 2018-04-17
- Administrators
- Robert Christopher Keyes, David Ronald Taylor
- Administrators' firm
- KRE Corporate Recovery
- Formerly
- Warren Morrison Valves Limited
- Incorporated
- 1973-02-14
- Location
- 1-7 King Street
- Industry
- 28140 Manufacture of taps and valves
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
3.1 KRE Corporate Recovery LLP were first contacted by the Company’s directors and shareholders on or around 27 March 2018, following the notice of an impending advertising of a winding-up petition by HMRC against the Company.
3.2 KRE Corporate Recovery LLP presented the options available to the Company, and it was quickly determined that the best way forward was to take steps to market the business and assets of the Company and to negotiate with interested parties with a view to agreeing a sale in principle that could be completed shortly after the Joint Administrators’ appointment.
3.3 Details of this process, along with the eventual sale, are laid out in detail in Attachment B.
Administrators' statement of proposals (2018-05-09) · Companies House register