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Adams Advertising & Design Limited (02735034): administration

Status
Administration ended
Administration began
2016-12-21
Administrators' firm
MHA
Formerly
Basilboly Limited
Incorporated
1992-07-28
Location
Maidstone
Industry
73110 Advertising agencies

From the administrators' statement

Adams Advertising & Design Limited (“the Company”) was incorporated on 28 July 1992 by Combined Nominees Limited The Director Michael Adams was appointed on 18 August 1992 The Company traded from Turkey Mill Business Park, Maidstone, Kent and its principal trading activity was Advertising and Design

The Director approached me directly to provide advice in respect of the Company's affairs | first met with the Director and representatives of the Company on 13 Apri! 2016 to discuss the financial affairs of the Company During this time the business was facing uncertainty as certain clients put any advertising and design work on hold pending the outcome of the teferendum, which had a knock on effect to the Company's cash flow However, it was considered that the Company should trade on due to the level of work that it had in the pipeline at that stage Over the course of the remainder of the year, the Director and | were in communication to review the Company's position

In addition to the above, the Company fell behind with its PAYE habilites such they the Company struggled to meet its habilities on a ongoing basis

Administrators' statement of proposals (2017-02-28) · Companies House register

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Adams Advertising & Design Limited (02735034)

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