Martin J Berry Limited (01644338): administration
- Status
- Administration ended
- Administration began
- 2016-02-29
- Administrators' firm
- CG&Co
- Incorporated
- 1982-06-17
- Location
- Manchester
- Industry
- 47782 Retail sale by opticians
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
We were approached by Alexander & Co on 10 February 2016 acting as advisors to the Company A meeting was held on 17 February 2016 at CG&Co's offices with a representative of Alexander & Co, and the director, Martin James Berry The meeting was advised that the Company was under threat of a winding up petition from HM Revenue & Customs In the circumstances, it was agreed that to protect the business, a notice of Intention to appoint administrators be filed A notice was filed at the Manchester District Registry on 17 February 2016 and sent to the secured creditor, The Royal Bank of Scotland pic
The director had advised during the meeting on 17 February 2016 that the Company’s assets had been sold to The Glasses Specialist Limited on 15 February 2016 and that he would provide the proposed Admintstrators with a copy of the sales invoice
As a result, Stephen L Conn and Jonathan E Avery-Gee of CG&Co, 17 St Ann's Square, Manchester, M2 7PW licensed insolvency practitioners, were appointed Joint Administrators of the Company by the Company on 29 February 2016 The Joint Administrators act jointly and severally in the Administration
Administrators' statement of proposals (2016-05-05) · Companies House register