Center Group Ltd (03872278): administration
- Status
- Administration ended
- Administration began
- 2013-09-23
- Administrators
- Daniel Plant, Simon Franklin Plant
- Administrators' firm
- SFP Restructuring
- Formerly
- CCTV Center International Limited
- Incorporated
- 1999-11-05
- Location
- London
- Industry
- 46520 Wholesale of electronic and telecommunications equipment and parts
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
- Parent or group failure
- Competition / price pressure
From the administrators' statement
Albeit that statutory information ts contained in Appendix Il, these Proposals provide bref details in relation to the Company's history
The Company was incorporated on 5 November 1999 as a distnbutor of CCTV systems According to Companies House, it was previously called CCTV Center Intemational Limited and changed its name on 47 January 2003 As at the date of Administration, Timothy Cocks and John Coombes were the Directors Annabella Browne was registered as Company Secretary A full list of historic appointments 1s attached at Appendix Ii
It is understood that the Directors, together with two other parties set up a company, CWL in 1984 to distnbute CCTV systems Further, that they subsequently sold their interest in CWL in 1994 and entered into an agreement confirming that they would not distribute CCTV systems in the UK for a period of five years
Administrators' statement of proposals (2013-10-14) · Companies House register