K.N. Holdings Limited (03177836): administration
- Status
- Administration ended
- Administration began
- 2012-10-22
- Administrators
- Steven Martin Stokes, Gerald Clifford Smith
- Administrators' firm
- FRP Advisory
- Incorporated
- 1996-03-26
- Location
- Birmingham
- Industry
- 70100 Activities of head offices
Why it went into administration
- HMRC / tax arrears
- Parent or group failure
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 26 March 1996 and was the parent Company for K N Wheels Limited in Administration The Joint Administrators were also appointed over K N Wheels Limited (Company registration number 00680243) on 15 October 2012 (*KNW’) As with KNW, a Notice of Intention to Appoint Martin Willlamson of Insolvency Practitioner Direct Limited CIPD”) as Administrator had been filed at court on 10 October 2012.
The Company did not trade but were the owners of the plant and machinery utilised by KNW. Contributing factors that led to KNW & KNH’s current financial difficulties
e¢ A downturn tn orders over the summer months of 2012,
Administrators' statement of proposals (2012-12-06) · Companies House register