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Cedar Park Schools Limited (02810366): administration

Status
In administration
Administration began
2024-10-03
Administrators
Ian Lawrence Goodhew, Abigail Shearing
Administrators' firm
Begbies Traynor
Incorporated
1993-04-19
Location
London
Industry
85310 General secondary education

Why it went into administration

From the administrators' statement

As detailed above, HMRC had presented a petition for the winding up of the Company in the High Court on 3 May 2023, and the director sought professional advice to preserve the value of the Goodwill as well as its staff's employment. Based on this advice the director made a Court application to place the Company in Administration on the basis that an offer was received and the terms of the sale had yet to be agreed. The hearing for the director's application was held on 8 June 2023. The court adjourned the proceedings to allow for the terms of the sale to be agreed.

Following the 8 June 2023 hearing, the HMRC petition was dismissed. As the Court adjourned director's Administration Order hearing, the Company effectively

had a moratorium protection in place until such time as the director requested that the Court reconvene for the purposes of making the Administration Order. 3.4

Administrators' statement of proposals (2025-06-11) · Companies House register

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Cedar Park Schools Limited (02810366)

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