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Debonair Designs Limited (03327834): administration

Status
Administration ended
Administration began
2015-05-18
Administrators' firm
Antony Batty
Incorporated
1997-03-05
Location
London
Industry
43290 Other construction installation

Why it went into administration

From the administrators' statement

Debonair was incorporated on 5 March 1997 and commenced trading shortly afterwards The Company provides high end building construction services, mainly undertaking extensions, loft conversions and refurbishments in London and the Home Counties

The director Paul Loboda is the sole shareholder and initially the business was run from his home in 2012, the Company moved to leasehold offices at 72 Leighton Road, London W13 9DS and also made use of a nearby workshop leased by the Director Business continued to expand and the number of employees rose to seven

The Company was initially financed by loans from the Director but as the business expanded, the Company was granted overdraft facilities by Santander UK Plc and Lloyds Bank Ple (“Lioyds”), with a loan from National Westminster Bank Ple ("Nat West”). The director has given personal guarantees to Nat West and Lloyds

Administrators' statement of proposals (2015-07-02) · Companies House register

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Debonair Designs Limited (03327834)

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