Argo (Cargomasters) Limited (02823196): administration
- Status
- Administration ended
- Administration began
- 2022-06-28
- Administrators
- Grace Jones, David F Perkins
- Administrators' firm
- Parker Andrews
- Incorporated
- 1993-06-02
- Location
- Norwich
- Industry
- 49410 Freight transport by road
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
3.1 No Moratorium under Part Al of the Act has been in force for the Company at any time within the period of 2 years ending with the day on which it entered Administration.
3.2 Attached at Appendix Ill is an account of the work undertaken prior to the Administrator's appointment and the costs associated with that work.
3.3 Payment of any unpaid pre-Administration costs as an expense of the Administration is subject to approval under Rule 3.52 of the Insolvency (England & Wales) Rules 2016 and is not part of the Statement of Proposals subject to approval under Paragraph 53 of Schedule B1 of the Insolvency Act 1986.
Administrators' statement of proposals (2022-07-12) · Companies House register