OSS Group Limited (03835964): administration
- Status
- Administration ended
- Administration began
- 2013-09-06
- Administrators
- Brian Green, Paul Andrew Flint
- Administrators' firm
- KPMG
- Formerly
- Fountain Street Formations (59) Limited
- Incorporated
- 1999-09-03
- Location
- Manchester
- Industry
- 70100 Activities of head offices
Why it went into administration
- Sustained trading losses
- Weak consumer demand
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 3 September 1999 and started trading immediately thereafter At the date of our appointment, the Company had 180 employees
The Company was the trading entity of the OSS Group, which operated from 12 leasehold premises and four freehold premises The Company held seven of these leasehold interests, with the remaining leasehold interest and freehold title held by other companies within the Group
3.2 Funding and financial position of the Company
Administrators' statement of proposals (2013-10-31) · Companies House register