From the administrators' statement

Following the review by RWA and Littlejohn tt became apparent that there was a large deficit on Astbury Wren’s two non statutory trust accounts (“the NST Accounts”) which the

Company was not in a position to remedy

Astbury Wren’s main insurer was Aviva (constituting approximately 65% of the Astbury Wren’s unsecured insurance creditor liabilities) Following separate discussions with RWA and Aviva the directors agreed to approach other insurance brokers in December 2011 regarding a possible acquisition of Astbury Wren RWA introduced an insurance broker who had undertaken such acquisitions in the past and was looking to expand into the Chester

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Astbury Wren & Company Limited (03486203)

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