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
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
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