# Currie & Brown Group Limited (03830593)

> Why UK company 03830593 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03830593

- **Status:** Administration ended
- **Administration began:** 2012-05-23
- **Administrators:** Carlton  Malcolm Siddle, Lee Antony Manning
- **Administrators' firm:** Deloitte
- **Formerly:** Currie & Brown Holdings Ltd
- **Incorporated:** 1999-08-19
- **Location:** London
- **Industry:** 7415

## Why it went into administration

- Creditor pressure / legal action
- Pension deficit
- Competition / price pressure

## From the administrators' statement

Deloitte was originally engaged in October 2008 to advise on the restructuring of the Company's bank debt with the Secured Creditor

Deloitte was subsequently re-engaged on 7 Apri! 2011 to provide support and advice on dealing with the key factors adversely impacting on the Company’s business, namely the potential £28 9m pension fund deficit and the overdrawn position with the Secured Creditor

The initial strategy focused on negotiations with tPR and PPF to transfer the contingent pension fund liability out of the business Despite lengthy negotiations no accommodation could be reached with the tPR and the PPF to enable a RAA to be entered into that was acceptable

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03830593/filing-history/MzA2MTMwODA1MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03830593

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.