V & J Superbikes Ltd (04329038): administration
- Status
- Administration ended
- Administration began
- 2012-02-29
- Administrators
- Simon Ashley Rowe, Timothy Alexander Close
- Administrators' firm
- Grant Thornton
- Incorporated
- 2001-11-26
- Location
- Bristol
- Industry
- 45400 Sale, maintenance and repair of motorcycles and related parts and accessories
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Property / lease costs
From the administrators' statement
The Company was incorporated on 26 November 2001 and traded mamly as a Honda and Kawasaki motorcycle dealer The Company traded from sites in Bridgwater and
Taunton and historically the Company had been profitable
Up until late 2011 it also traded from premises in Yeovil, but poor sales and an increase in overheads meant that this outlet had to close and the business and stock
Administrators' statement of proposals (2012-04-24) · Companies House register