Acmc (UK) Limited (04233399): administration
- Status
- Administration ended
- Administration began
- 2015-04-27
- Administrators
- Robert Alexander Henry Maxwell, Rob Sadler
- Administrators' firm
- Begbies Traynor
- Formerly
- Greenway Sales Limited
- Incorporated
- 2001-06-13
- Location
- Leeds
- Industry
- 01460 Raising of swine/pigs
Why it went into administration
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated on the 13 June 2001 as a subsidiary of the holding company Agncuttural Contract & Marketing Company Limited (“Holding Co’) The Company was formed in order for Holding Co to benefit from Government funding which was available through the EU Agricultural Policy at that time
Trading commenced on 2 August 2001 at which time the Company purchased pig stock from Holding Co and accepted the transfer of the majority of its staff No fixed assets were transferred The Company continued to trade as a pig breeding company developing markets in the UK and overseas alongside Holding Co On the 30" Apni 2007, the pig stock was sold back to Holding Co (with the exception of a smail number) and staff were transferred back
As part of the transfers no physical cash passed between the two companies, instead, an intercompany balance accrued such that, by the time all assets and staff had been transferred back to Holding Co, the Company owed it £873,026
Administrators' statement of proposals (2015-06-24) · Companies House register