Everglade Limited (02444311): administration
- Status
- Administration ended
- Administration began
- 2015-05-14
- Administrators
- Jonathan James Beard, John Walters
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1989-11-17
- Location
- Brighton
- Industry
- 85100 Pre-primary education
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company operated two childrens nurseries from Stanford Avenue in Bnghton and Goldstone Villas in Hove for a number of years The nursenes traded as Little Oaks Nursenes, operating alongside a further nursery in Bnghton run by its parent company, Little Oaks Bnghton Company (‘Little Oaks’), which also traded under the same name_ It should be noted that the Company and its parent company were effectively managed as one trading entity by the Company's management
By mid-late 2014, as a result of personal issues, the director of the Company had become less invotved in the day to day management of the nursenes As such, the financial records of the Company were not adequately maintained from approximately June 2014 onwards and it has become apparent that there was limited central control over the trading activities of the nursenes from that time
The nursery in Hove was inspected by Ofsted in November 2014, which resulted in enforcement action being taken as a result of various issues arising from the inspection We understand that efforts were made to
Administrators' statement of proposals (2015-07-15) · Companies House register