DWPF Ltd. (04388501): administration
- Status
- Administration ended
- Administration began
- 2019-05-16
- Formerly
- DWPF Financial Arrangers Limited; Jarvishelf 18 Limited
- Incorporated
- 2002-03-06
- Location
- London
- Industry
- 64999 Financial intermediation not elsewhere classified
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
3.1 In order to address the Company’s financial difficulties, the Company was referred to Geoffrey Martin & Co by Benjamin Morris of Rosaris, the Company’s accountant. No payment has been made or is proposed to be made to the referrer.
3.2 The Company subsequently proposed a Company Voluntary Arrangement to its creditors, following which a virtua! meeting of creditors was convened for 9 April 2019 for consideration of the Proposal. This meeting was subsequently adjourned to 23 April 2019 as a result of modifications being proposed to the proposal by the director of the Company. On 23 April 2019 however, the Proposal was rejected by the Company’s largest creditor, HMRC.
3.3 Accordingly, the sole director instructed solicitors to take steps to make an application to Court for an Administration Order, pursuant to paragraph 12(1) (b) of Schedule 81 of the Insolvency Act 1986. This was presented to the court on 10 May 2019. This application proposed that Stephen Goderski and Peter Hart of Geoffrey Martin & Co be appointed as Joint Administrators.
Administrators' statement of proposals (2019-06-13) · Companies House register