ALL Seasons Sussex Limited (04848412): administration
- Status
- Administration ended
- Administration began
- 2012-06-25
- Administrators
- Ian Paul Sykes, Colin Ian Vickers
- Administrators' firm
- FRP Advisory
- Incorporated
- 2003-07-28
- Location
- Brighton
- Industry
- 5233
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company traded as retail outlet, selling a range of household and garden products, from teasehold premises at 10-12 Ash Lane, Rustington, West Sussex BN16 3BZ. In addition, a Post Office franchise operated from the rear of the store.
Mr Nigel Bidgood was the sole director and shareholder Prior to my introduction to the Company as detailed below, there was no significant sale of assets
The initial introduction of myself to the business was made by Barclays Bank plc, “Barclays”, who hold a fixed and floating charge over the Company's assets. I was first instructed by Barclays on 8 September 2011 to carry out an independent review of the business and then, on 14 February 2012, I was instructed to carry out a second review The business had suffered in the first half of 2010 when major street works for 6 months disrupted the business In July 2010, the Company received compensation for the loss of profits but the sum received was significantly less than the sum
Administrators' statement of proposals (2012-08-10) · Companies House register