Austin Barrett Brock Limited (04540227): administration
- Status
- Administration ended
- Administration began
- 2011-07-12
- Administrators' firm
- Begbies Traynor
- Formerly
- K & S (477) Limited
- Incorporated
- 2002-09-19
- Location
- Manchester
- Industry
- 7440
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Administrators’ statement of proposals for achteving the purpose of the administration which will be sent to creditors in due course will provide detailed information tn relation to the Company However, to assist creditors who may have a limited understanding of the Company and its affairs to better understand the reasons for the pre-packaged sale, we have provided certain background information at this stage
The Company was incorporated on 19 September 2002 and traded from leased premises at The Keele Centre, Three Mile Lane, Keele, Staffordshire The Company was onginally created by four directors, Philip Barratt, Malcolm Austin, Philip Brock and Peter Smith and traded as an advertising agency The Company traded successfully for a number of years, gaining lucrative contracts However in late 2010 three of the four directors resigned from the Company and the business was therefore solely managed by Philip Barratt On 7 June 2011, Mark Lesmak and Alex Swann were appointed as new directors of the Company and on the same day Philp Barratt resigned, along with all of the employees with the exception of one
The reasons for the Company’s insolvency
Administrators' statement of proposals (2011-09-23) · Companies House register