Montpelier Professional Limited (05015047): administration
- Status
- Administration ended
- Administration began
- 2019-03-12
- Administrators
- Richard John Harrison, Howard Smith
- Administrators' firm
- KPMG
- Formerly
- TMJ Group Limited
- Incorporated
- 2004-01-14
- Location
- Manchester
- Industry
- 69201 Accounting and auditing activities
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 14 January 2004 and operates from leasehold premises at Suite 3-5, Battalion Court, Colburn Business Park, Catterick, Garrison, North Yorkshire, DL9
The Company is a holding company that carried out no trading activities in its own right, but rather held investments in ten subsidiaries that operated as accountancy practices, or had done so previously. Two of those subsidiaries continue to trade under the control of local management, the remainder are in various stages of being wound down after having disposed of their business and assets.
Although the Company carried out no trade in its own right, it did provide some management services to its subsidiaries, for which it charged management fees. It also procured certain services from third parties that were utilised by the Group and the cost of this was recharged to the subsidiaries.
Administrators' statement of proposals (2019-05-29) · Companies House register