# Parker Norfolk and Partners Limited (02619479)

> Why UK company 02619479 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02619479

- **Status:** Administration ended
- **Administration began:** 2021-11-08
- **Administrators:** David Robert Acland, Anthony Collier
- **Administrators' firm:** FRP Advisory
- **Formerly:** Somerville Parker Limited
- **Incorporated:** 1991-06-12
- **Location:** Manchester
- **Industry:** 65120 Non-life insurance

## Why it went into administration

- COVID-19
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Weather / natural events

## From the administrators' statement

The Company was incorporated in 1991 and was an established insurance broker business with a Lloyd’s of London licence. The business was acquired in 2017 by the current management team with a track record of growth, both organically and via acquisition. Postacquisition the strategy was for a build out of specialist multi-line brokerage focused on B2B and with 5 principal broking disciplines:

Financial & Specialty Risks (commenced May 18)

Trade Credit (commenced June 18)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02619479/filing-history/MzMyMDU3OTA5MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02619479

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