G.B. Logan Limited (03204751): administration
- Status
- Administration ended
- Administration began
- 2011-08-05
- Administrators
- Nathan Jones, Christopher Stirland
- Administrators' firm
- FRP Advisory
- Incorporated
- 1996-05-29
- Location
- Narborough
- Industry
- 2875
From the administrators' statement
The Company was incorporated on 29 May 1996 and was set up as a holding Company for GB Logan Fabrications Limited (“GBLF”). The Company also held 100% of the shares of Coolair Logan Limited. All employees required for trading of GBLF were employed through the Company. The lease for the premises that GBLF operated from and the plant and machinery used by GBLF were also held by the Company.
The Company derived tts income through an annual management charge it levied on GBLF.
GBLF operated a sales finance facility supplied by Barclays Bank Plc (“the Bank”) As the assets and staff used by GBLF were split across GBLF and the Company, the Bank required the Company to
Administrators' statement of proposals (2011-10-04) · Companies House register