Asphaltic Maintenance Limited (04639635): administration
- Status
- Administration ended
- Administration began
- 2015-11-23
- Administrators
- Jeremy Karr, Ian Franses
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2003-01-16
- Location
- London
- Industry
- 43910 Roofing activities
Why it went into administration
- Parent or group failure
From the administrators' statement
We understand that the business of the Company was a division of the Asphaltic group until August 2014 when It was hived off into the previously dormant Company with a view to a sale of the business as the decision had been made to cease operations in roofing, scaffolding and building maintenance This was to be effected through a sale of the share held by Asphattic Investments Ltd (“AiL) in the Company
The register at Companies House records that on 6 November 2014 AIL transferred its share in the Company (being 100% of the issued share capital) to Kingfell London Ltd being a corporate vehicle of Lindsey Smith and Matthew West
On 31 January 2015 debentures compnsing of fixed and floating charges over the assets of the Company were granted in favour of AIL At the same time Peter Regis resigned as a director and Lindsey Smith and Matthew West were appointed as directors
Administrators' statement of proposals (2016-01-28) · Companies House register