North Pennines Archaeology Limited (04847034): administration
- Status
- Administration ended
- Administration began
- 2011-07-15
- Formerly
- North Pennines Archaeological Limited
- Incorporated
- 2003-07-28
- Location
- Newcastle upon Tyne
- Industry
- 7487
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 28 July 2003 and traded from Nenthead Mines, Nenthead, Alston, Cumbria It 1s a subsidiary of a registered charity which holds and operates industnal heritage visitor centres The Company was formed to carry out commercial archaeological services which cannot be carried out under the main charity because of Charity Commission regulations
We were initially approached by the directors on 26 April 2011 to give advice on the financial position of the Company
The non-provision of returns to H M Revenue & Customs “HMRC” had caused HMRC to raise assessments against the Company in respect of VAT for quarters dating back to September 2009 Non payment culminated in a 7 day demand being issued on 13 Apmnil 2011 threatening the issue of a winding up petition against the Company without further warning The demand was for £156,236 70
Administrators' statement of proposals (2011-08-19) · Companies House register