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Race Dynamics Limited (03464522): administration

Status
Administration ended
Administration began
2011-11-01
Formerly
Speed 6616 Limited
Incorporated
1997-11-12
Location
Fareham
Industry
5030

Why it went into administration

From the administrators' statement

The company supplied car parts and accessories to the public on line and from leasehold shop premises in Andover Shopping Centre employing 3 staff

The company commenced trading in November 1997 and Nicholas Maher is the sole director and shareholder

The company was funded by an overdraft facility from HSBC Bank Ple and whilst the bank has no security over the assets of the company the director, Mr Maher, has personally guaranteed this debt

Administrators' statement of proposals (2011-11-17) · Companies House register

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Race Dynamics Limited (03464522)

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