Paralaw Limited (03376012): administration
- Status
- Administration ended
- Administration began
- 2011-05-25
- Administrators
- Eric Walls, Wayne Harrison
- Administrators' firm
- RMT Accountants & Business Advisors
- Formerly
- City File Management Limited
- Incorporated
- 1997-05-23
- Location
- London
- Industry
- 74909 Other professional, scientific and technical activities n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company operates as a provider of paralegal and legal support services to solicitors and in-house legal departments of national firms The company's management team consists of the director, Robert Murray Duncan (“RMD”), two solicitors and one administrative assistant The company employs 27 paralegals/legal staff and also employs a number of subcontractors
The company was incorporated on 23 May 1997 and has been trading for approximately 13 years The company was established to provide paralegal and legal staff support to the inhouse legal department of a multi-national blue chip telecoms company (“the Client”) For the majority of its trading, the Clrent was the company’s sole customer Whilst the company has obtained other clients in recent years through organic grown, the Client remains the primary customer The Client generates in excess of 80% of the company’s turnover
Prior to the Administration, the Registered Office of the company was Abbey Business Centre16, St Martins Le Grand, London EC1A 4EN This is a serviced office address that acted as the administrative postal address for the company The company’s business ts conducted from the premises of the Client, which allows it to occupy office space within its London premises on an informal basis The name and address of the Client will not be detailed in these proposals for reasons of commercial sensitivity
Administrators' statement of proposals (2011-07-21) · Companies House register