Senate Training Limited (03980435): administration
- Status
- Administration ended
- Administration began
- 2024-07-16
- Administrators
- Richard Pinder, Danielle Shore
- Administrators' firm
- Leonard Curtis
- Formerly
- Senate Security Training Limited
- Incorporated
- 2000-04-26
- Location
- Chesterfield
- Industry
- 80200 Security systems service activities
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
Following completion of the pre-packaged sale of the Company’s business and assets, the Joint Administrators sent a letter to all known creditors, employees and the Insolvency Practitioners Association on 22 July 2024 to provide further information on the sale pursuant to the requirements of Statement of Insolvency Practice (“SIP”) 16. A copy of the information provided is attached at Appendix L of this report, including full details of the sale of the Company’s business and certain assets to Trio Solutions Group Ltd (“the Purchaser’).
The Joint Administrators draw your attention to section 2 of the SIP 16 report, which provides background information in relation to the Company and details of the events leading up to the Joint Administrators’ appointment.
As referred to in the SIP 16 report the Debt Advisory division of Leonard Curtis Funding (“LCF Debt Advisory”) have previously assisted the Company. On 22 January 2024, LCF Debt Advisory assisted the Company in negotiating a time-to-pay (“TTP”) arrangement with HMRC. It is understood that a TTP arrangement was prepared and submitted to HMRC by LCF Debt Advisory on the Company’s behalf, but this was ultimately rejected by HMRC. This was a formal engagement under which LCF Debt Advisory received a fee of £2,500 plus VAT for their assistance to the Company. This fee is not considered significant in the context of Leonard Curtis’ turnover.
Administrators' statement of proposals (2024-09-16) · Companies House register