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Oak FM Limited (03380201): administration

Status
Administration ended
Administration began
2016-11-08
Administrators
Gareth David Rusling, Ashleigh William Fletcher
Administrators' firm
Begbies Traynor
Incorporated
1997-05-28
Location
Sheffield
Industry
60100 Radio broadcasting

Why it went into administration

From the administrators' statement

The Company was incorporated in May 1997 however was subject to a share sale on 31 July 2015 At this time, the Company's shares were sold from Quidem Midlands Limited to A TR Media Limited (‘ATR’), the Company's current parent company

At the time of the sale, 31 July 2015, the Company's current directors, Mr Tarpey and Mr Caplin became involved in the business The Company was already trading as a radio station and upon the date of or appointment traded from leased premises located at 3 Martins Court, Telford Way, Stephensons Industnal Estate, Coalville, Leicestershire

We understand from the Company's directors that as at the date of the share sale, the Company was operating at a slight loss however, having discussed the reasons for this with the radio station team, they believed that the station could be turned around ff the show became more interactive and became live

Administrators' statement of proposals (2016-11-24) · Companies House register

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Oak FM Limited (03380201)

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