Broker Assistance Limited (04623342): administration
- Status
- Administration ended
- Administration began
- 2011-10-10
- Administrators
- John Malcolm Titley, Andrew Poxon
- Administrators' firm
- Leonard Curtis
- Formerly
- Countydeal Limited
- Incorporated
- 2002-12-20
- Location
- Whitefield
- Industry
- 7487
Why it went into administration
- Competition / price pressure
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Property / lease costs
From the administrators' statement
The Company was incorporated in December 2002 by Jon Ralph, Kerth Wray and David Russell Trading began in 2003
The Company provided services in the motor claims insurance industry with primary revenue being generated from non-fault accident claims (through credit hire), other income streams included dealing with personal injury claims and credit repair
The Company grew steadily reporting a pre-tax profit of £442K in 2006
Administrators' statement of proposals (2011-12-08) · Companies House register