CAL Realisations Limited (01643574): administration
- Status
- Administration ended
- Administration began
- 2013-11-08
- Administrators
- Daryl Warwick
- Administrators' firm
- RSM
- Formerly
- Caldew Autolec Limited
- Incorporated
- 1982-06-15
- Location
- Carlisle
- Industry
- 45310 Wholesale trade of motor vehicle parts and accessories
Why it went into administration
- Creditor pressure / legal action
- HMRC / tax arrears
From the administrators' statement
The Company’s ownership changed hands 1n 2008 following which Mr Robb has been the sole shareholder and director. Since that date the Company has consistently generated profits up to and including the financial year ended 30 June 2012, at which time shareholders funds amounted to some £105,000.
At the point in time when Mr Robb acquired the Company it had an agreement with HM Revenue & Customs to pay arrears of approximately £60,000 and it was In breach of this agreement Since then there have been ongoing problems with HM Revenue & Customs, which ultimately resulted in them petitioning to wind-up the Company in September 2013
Efforts were made by Mr Robb to obtain an adjournment of this petition on the basis that payments made on account of PAYE and Corporation Tax liabilities by
Administrators' statement of proposals (2013-11-29) · Companies House register