CVT Limited (02670152): administration
- Status
- Administration ended
- Administration began
- 2016-01-27
- Formerly
- Polaron CVT Limited; Fasttrak Software Publishing Limited; Fastcad Retail Products Limited; Iterative Imaging Ltd.
- Incorporated
- 1991-12-11
- Location
- Watford
- Industry
- 28290 Manufacture of other general-purpose machinery n.e.c.
Why it went into administration
- Loss of a key customer, supplier or contract
- Competition / price pressure
From the administrators' statement
Resolutions of the board of directors were passed on 18 December 2015, the directors resolved that in view of the Company's financial position it should be placed into administration
Forms 2 8B ‘Notice of intention to appoint an administrator by the company or director(s)’ were filed at the High Court of Justice, Chancery Division, Companies Court, London on 18 December 2015, 5 January 2016 and 18 January 2016
On the filing of Forms 2 8B, the Company was granted internm moratoria over its assets pursuant to Paragraph 44(2) of Schedule B1 to the insolvency Act 1986 (‘the Act’) Copies of these notices were served on the Company subsequent to them being filed
Administrators' statement of proposals (2016-03-24) · Companies House register