Adam Furniture Group PLC (01109066): administration
- Status
- Administration ended
- Administration began
- 2011-10-26
- Administrators' firm
- Cowgill Holloway Business Recovery
- Formerly
- Crisptex Limited
- Incorporated
- 1973-04-17
- Location
- Bolton
- Industry
- 3614
Why it went into administration
- Competition / price pressure
- Property / lease costs
From the administrators' statement
are summarised below
(Charged by _ Services provided | Total amount | Amount Who = ——«*/|: Amount ‘ | charged paid payments ‘ unpaid , nf oe _ re ____| made by Vf » Cowgill Holioway Pre-appointment | i : Business Recovery advice / 5,883 50 0 | NA : 5 883 50 LLP ! administration i : in i _ t : Kennedys Solicitors ' Appointment H i / j | documentation, | ; 15,025*4 0 | NA ; 2176661 property / Agreement | , ' of sales contract etc |
“1 Kennedys Law LLP (“Kennedys”) were instructed to assist in the preparation of the relevant documentation to place the Company into Administration and prepare the appropriate documentation for the sale of the Company's business and assets Kennedys have accrued WIP of £20,742 and disbursements of £1025 However a significant portion of this time was spent drafting the application to court for a validation order As a
Administrators' statement of proposals (2011-11-30) · Companies House register