A.W. Developments (Liverpool) Limited (02257619): administration
- Status
- Administration ended
- Administration began
- 2012-05-25
- Administrators
- Paul Stanley, Jason Dean Greenhalgh
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1988-05-13
- Location
- Preston
- Industry
- 68100 Buying and selling of own real estate
Why it went into administration
- Creditor pressure / legal action
- HMRC / tax arrears
From the administrators' statement
On 5 March 2012, Paul Stanley of Begbies Traynor met with Alan Whalley, the director of the Company, and the Company's external accountants to discuss the possibilty of the Company entering into a Company Voluntary Arrangement ("CVA")
On 2 Apni 2012, a winding up petition was lodged by a creditor of the Company, Jewson Limited The winding up heanng was due to be heard on 9 May 2012 at Birmingham County Court. The hearing was subsequently adjourned to 1 June 2012
Following the lodging of the winding up petition, a further meeting was held between Paul Stanley, Alan Whalley, the accountants and two representatives of AIB on 2 May 2012 In the meeting, It was agreed that AIB would appoint Paul Stanley and Jason Dean Greenhalgh as Joint Administrators of the Company. The prospect of a CVA occumng at a later date was also discussed at this meeting
Administrators' statement of proposals (2012-07-23) · Companies House register