Parabis Management Limited (04717147): administration
- Status
- Administration ended
- Administration began
- 2015-11-23
- Administrators
- Benjamin J Browne, Anne Clare O'Keefe, Peter Mark Saville
- Administrators' firm
- AlixPartners
- Formerly
- Scion Management Limited; Waterduel Limited
- Incorporated
- 2003-03-31
- Location
- Manchester
- Industry
- 70229 Management consultancy activities other than financial management
Why it went into administration
- Funding withdrawn / unable to refinance
- Regulatory change or action
- Rising costs / inflation
- Cash flow / liquidity pressure
- Parent or group failure
From the administrators' statement
Overview
A group structure chart 1s provided at Appendix A The Company employed 235 employees and provided centrai services, such as facilities, finance, IT and HR to the trading companies in the Group
The Company received income by recharging the central services to the Group
Administrators' statement of proposals (2016-01-18) · Companies House register