FBC Group Limited (03498727): administration
- Status
- Administration ended
- Administration began
- 2011-10-24
- Administrators' firm
- Hillier Hopkins Corporate Recovery
- Formerly
- F.B.C. Factbased Communications Limited
- Incorporated
- 1998-01-20
- Location
- Aston Sandford
- Industry
- 7487
Why it went into administration
- Property / lease costs
From the administrators' statement
1. The downturn in the economic climate both in the United Kingdom and across Europe. As a result the company has experienced a reduction of instructions from tts overseas customers which it was reliant upon to continue to trade.
2. The negative press following one of the company’s recent contracts, which has damaged the reputation of the company to such an extent that it was not possible to trade any further.
Hiller Hopkins Corporate Recovery LLP ("the firm") was first consulted by the director on 18 October 2010 with a view to giving advice on the financial position of the Company. Prior to that consultation, neither I nor my firm have had any dealings or involvement with the Company or its directors. 3 Financial Position of the Company
Administrators' statement of proposals (2012-07-11) · Companies House register