Bestplace.Co.Uk Limited (04915889): administration
- Status
- Administration ended
- Administration began
- 2012-02-03
- Incorporated
- 2003-09-30
- Location
- Oldham
- Industry
- 5244
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Property / lease costs
- Competition / price pressure
From the administrators' statement
The Director of the Company has provided the Joint Administrators’ with the following information
Bestplace co uk Limited was formed by Mr Daniel King and Initially traded as an Internet business directory The Company was incorporated on 30" September 2003 with Mr King named as the sole director
The start up of the Company was financed by a £20,000 overdraft from HSBC Bank Plc, which is personally guaranteed by the Director The bank have a debenture over the Company’s assets that, was registered at Companies House on the 9" July 2005
Administrators' statement of proposals (2012-03-08) · Companies House register