Antares (Europe) Limited (02722364): administration
- Status
- Administration ended
- Administration began
- 2013-05-30
- Administrators
- Ian Robert
- Administrators' firm
- Robert of Kingston Smith & Partners
- Incorporated
- 1992-06-11
- Location
- London
- Industry
- 27900 Manufacture of other electrical equipment
From the administrators' statement
The Company was incorporated in June 1992 and has traded in a relatively niche market as a manufacturer of electrical equipment The Company specialises in power supply products where a greater than normal reliability of service is required, for example emergency service vehicles
The Company was subject to several debentures over its assets, including one held by an associated company Chartmaster Limited (“Chartmaster’) In early 2013 Chartmaster formed the opimon that the Company could no longer service its debts, and was becoming increasingly insolvent Some work was done to find a purchaser of the Company, but no offers were forthcoming Therefore, to protect its position, Chartmaster enforced its right to appoint an Administrator under paragraph 14 of schedule B1 to the Insolvency Act 1986
As a result, lan Robert of Kingston Smith & Partners LLP, a licensed insolvency practitioner, was appointed Administrator of the Company on 30" May 2013
Administrators' statement of proposals (2013-07-25) · Companies House register