From the administrators' statement

The Company’s principal business is an opticians trading from rented premises at Street Lane, Leeds and The Grove in Ilkley. They also previously operated from premises tn the Victoria Quarter in Leeds.

Due primarily to pressure from HM Revenue & Customs (“HMRC”) in relation to unpaid PAYE/NIC and the Victoria Quarter shop making no profits, the Company took advice: in September 2010 and a proposal for a Company Voluntary Arrangement (“CVA”) was approved by creditors in January 2011. David F Wilson & Julian N R Pitts of Begbies Traynor (Central) LLP acted as Joint Supervisors of the CVA.

2.3

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Lineastral Limited (02314770)

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