Acton Coachworks (UK) Limited (02760885): administration
- Status
- Administration ended
- Administration began
- 2016-06-02
- Administrators
- Peter Kubik
- Administrators' firm
- Insolvency Practitioners of Uhy Hacker Young
- Formerly
- Office Solutions (SE) Limited
- Incorporated
- 1992-11-02
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
A court administration application was made by Lyndsey Barrett, a creditor of the company, on the 12 May 2016 Ms Barrett had loaned the Company the sum of £100,000 without security This matter was heard on the 2 June 2016 and resulted in the Company being placed in to Admumstration
HM Revenues & Customs had threatened to issue a winding up petition to have the Company wound up by the Court due to arrears of circa £200,000 in respect of unpaid PAYE and NIC This was not progressed due to the creditor’s application
It was envisaged that the Administration would allow the Jomt Admumustrators to continue to trade the business whilst seeking to sell the business and assets of the Company as a going concern It was expected that a sale would enhance realisations and preserve the employment of 28 employees.
Administrators' statement of proposals (2016-08-09) · Companies House register