Potensis Limited (04065527): administration
- Status
- Administration ended
- Administration began
- 2020-11-27
- Administrators' firm
- Dow Schofield Watts
- Formerly
- J.M.S. Rockhopper Limited
- Incorporated
- 2000-08-31
- Location
- Warrington
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- COVID-19
- HMRC / tax arrears
- Sustained trading losses
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated as J.M.S. Rockhopper Limited on 31 August 2000 with Jared Sullivan and Graham Jackson appointed as directors and Jared Sullivan holding 45% of the issued share capital and Graham Jackson holding 10%. Richard Milson was issued 45% of the share capital and was appointed as a director on 1 September 2000.
In September 2000 the Company commenced trading as an executive search and selection agency for clients operating in the construction and property industry, at which point the Company’s name was changed to Potensis Limited.
On 30 July 2002, Graham Jackson resigned as a director of the Company. On the same date, Mr Jackson’s share capital was transferred to Jared Sullivan and Richard Milson resulting in them each holding 50% of the issued share capital.
Administrators' statement of proposals (2021-01-29) · Companies House register