LDI Realisations Limited (02852892): administration
- Status
- Administration ended
- Administration began
- 2012-03-09
- Administrators' firm
- Begbies Traynor
- Formerly
- La Drape International Limited
- Incorporated
- 1993-09-13
- Location
- Newcastle under Lyme
- Industry
- 9231
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Bad debts / customer insolvency
From the administrators' statement
The Administrators’ statement of proposals for achieving the purpose of the administration which will be sent to creditors in due course will provide detailed information in relation to the Company However, to assist creditors who may have a limited understanding of the Company and tts affairs to better understand the reasons for the pre-packaged sale, we have provided certain background information at this stage
The Company was incorporated on 13 September 1993 and was a family run business trading from a modern industnal untt and showroom based at Internet House, Aston Lane North, Whitehouse Vale, Preston Brook, WA7 3PE_ The premises are owned by Vale House, which ts an entity owned separately by the directors R Gamer and S Stewart. They were leased on an informal basis, therefore there was no formal lease in place The registered office of the Company was also at the same address
The Company has two directors, Richard Rodenck Garner and Susan Stewart who have both been directors since the date of incorporation The directors both have Interior Design backgrounds enabling them to have a greater understanding of customer requirements and allowed them to exceed customer expectations
Administrators' statement of proposals (2012-05-02) · Companies House register