KSL Property Limited (03539792): administration
- Status
- Administration ended
- Administration began
- 2012-07-13
- Incorporated
- 1998-04-02
- Location
- Salisbury
- Industry
- 69201 Accounting and auditing activities
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
offermg business advice to sole traders, partnerships and small SMEs companies
Kevin Smith initially formed the company in 1998 however the Company did not start trading until it acquired the business of KSL Accountants on | August 2008 from WHI Limited
The timing of the acquisition of the business was not perfect as the difficult economic climate of 2008 saw a severe downturn in new busimess in the remainder of 2008 and in 2009, and along with the large amount of deferred consideration owed to WHJ Limited placed the Company under cashflow pressure
Administrators' statement of proposals (2012-09-14) · Companies House register