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Tenet Limited (03865996): administration

Status
Administration ended
Administration began
2024-06-05
Administrators' firm
Interpath Advisory
Formerly
Independent Mortgage Adviser Network Limited; Independent Mortgage Advisor Network Limited; The Mortgage Network 2000 Limited; Pinco 1300 Limited
Incorporated
1999-10-26
Location
London
Industry
64205 Activities of financial services holding companies

Why it went into administration

From the administrators' statement

TL was incorporated on 26 October 1999 and until recently its registered office was a leasehold premises in Horsforth, West Yorkshire.

As noted in Section 2, TL is a holding company and is owned by TGL. TGL is the ultimate parent of the Group and acted as a service company. It contracted for the majority of the services required by the different entities in the Group, including TL, to carry on their trade (including entering into leases with landlords and contracts with software providers).

TGL also employed all of the staff that worked in the different subsidiary businesses. As at the date of appointment, TGL employed 128 staff and 19 subcontractors (a total of 147 individuals). TL had no employees.

Administrators' statement of proposals (2024-07-22) · Companies House register

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Tenet Limited (03865996)

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