# Squire & Furneaux Limited (01739371)

> Why UK company 01739371 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01739371

- **Status:** Administration ended
- **Administration began:** 2012-01-04
- **Formerly:** Timestate Limited
- **Incorporated:** 1983-07-14
- **Location:** Manchester
- **Industry:** 7415

## Why it went into administration

- Weak consumer demand
- Funding withdrawn / unable to refinance
- Bad debts / customer insolvency
- Property / lease costs

## From the administrators' statement

2.1 RGF 1s a wholly owned subsidiary of S&F. RGF and S&F formed part of the wider Squire Furneaux group of companies.

2.2 RGF operated from two garages at Dunstable and Welwyn, as Saab dealerships (together the Dealerships) RGF facilitated the sale of new and used vehicles, vehicle repairs and the supply of parts to vehicle owners and trade customers

2.3 The Joint Administrators understand that following a restructuring within the S&F group of compames last year, which was undertaken with a view to concluding a potential sale of certain parts of the group, S&F 1s now the sole shareholder of RGF, owning 100% of its share capital. Historically, S&F had also owned the share capital of Squire Furneaux Cobham Limited and Squire Furneaux Maidenhead Limited.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01739371/filing-history/MzA1Mjg3OTkwNGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01739371

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.