JAY TEE Construction Limited (03239500): administration
- Status
- Administration ended
- Administration began
- 2013-06-04
- Administrators' firm
- Mazars
- Incorporated
- 1996-08-19
- Location
- Leeds
- Industry
- 41201 Construction of commercial buildings
From the administrators' statement
Lhave been advised by the directors that they first became aware of a potentral financial issue with the Company when queries were initially raised by Handelsbanken im respect of the accounts prepared to 30 June 2012 Following which discussions were held with the Company’s Accountants in order to establish clarity in respect of various transactions
Handelsbanken hold security in two connected Companies known as Bradbury Investments Limited and also Mantle (Huddersfield) Limited in respect of monies owed by each of the connected Companies A guarantee had been provided by the Company in respect of the borrowing of the connected companies of £300,000, hence Handelsbanken’s interest in the accounts of the Company
Following a meeting held with the Company’s Accountants to discuss the accounts and queries raised the directors arranged a further meeting with Mazars LLP to seek advice
Administrators' statement of proposals (2013-07-31) · Companies House register