First Class Cars Ltd (03832464): administration
- Status
- Administration ended
- Administration began
- 2013-02-08
- Administrators' firm
- Baker of Kingston Smith & Partners
- Incorporated
- 1999-08-26
- Location
- London
- Industry
- 49390 Other passenger land transport
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated in August 1999, and has always traded under the name First Class Cars
The Company struggled to meet Its tax obligations and entered into a Time To Pay Arrangement ("TTPA”) with HM Revenue & Customs ("HMRC")
In January 2013 the Company defaulted on its payments under the TTPA, and the Company was advised that HMRC would shortly issue a winding up petition
Administrators' statement of proposals (2013-03-11) · Companies House register