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Q A Repair Centre Limited (03000816): administration

Status
Administration ended
Administration began
2012-07-06
Administrators' firm
FRP Advisory
Formerly
Quality Assured Accident Repair Centre Limited; Waystop Limited
Incorporated
1994-12-12
Location
London
Industry
45200 Maintenance and repair of motor vehicles

Why it went into administration

From the administrators' statement

The managing director of the Company, Mr Guiseppi (Jock) Ventriglta, set up in business trading as VW Panels approximately 40 years ago, providing vehicle body repair services from the site at 302 Ampthill Road, Bedford. These premises are owned by Mr Ventrigha personally. As the business grew a second operating site was purchased, at Units 1 & 1A Lyon Close Bedford. Q A Repair Centre Limited was incorporated in 1994 and traded from the Lyon Close site. In 2002, the two businesses were amalgamated and both were operated under Q A Repair Centre Limited, although the VW site continued to use the VW Panels trading style. The Company employed approximately 45 staff. It also traded as Fix Auto Bedford

FRP Advisory carried out a Business Review for the Company and Barclays Bank Plc (“the Bank”) in June 2012 which highlighted that the Company was both balance sheet and cash flow insolvent.

FRP Advisory LLP ts incorporated iin England and Wales under the Limited Lobity Potinerstues Aci 2000 os o Limited Uodiity Partnership Partnership Number OC355680 Regstered office 10 Fumival Street. London, EC44 1YH A list of members names is OPEN fo Inspection at ths address. ww fpadusary com

Administrators' statement of proposals (2012-08-28) · Companies House register

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Q A Repair Centre Limited (03000816)

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