Optima Cars Ltd (05218284): administration
- Status
- Administration ended
- Administration began
- 2022-01-06
- Administrators
- Dominik Thiel-Czerwinke, Louise Donna Baxter
- Administrators' firm
- Begbies Traynor
- Formerly
- Harmas Limited
- Incorporated
- 2004-08-31
- Location
- Leigh on Sea
- Industry
- 45111 Sale of new cars and light motor vehicles
From the administrators' statement
The Company was incorporated on 31 August 2004 as Harmas Limited by Martin Thomas and David Hargreaves. David Hargreaves resigned on 28 September 2005 on the same date Beverly Thomas was appointed. On 31 December Martin and Beverly Thomas resigned as directors with Urfi Hossain, Shakeel Shah and David Styles were all appointed directors and the shareholding was transferred to the new directors.
The Company operated in the sales of new and used high performance vehicles.
The Company began to experience financial difficulty in 2021 when the Company’s costs began to fall behind with payments being missed. The Company was also not making payments to the secured creditor Aitch Group and as a consequence of this Aitch Group contacted the Company to ascertain the difficulties that it was facing. Following a review of the Company’s trading records, the director, David Styles, identified certain transactions which have been reported to the police and which are currently under investigation.
Administrators' statement of proposals (2022-03-18) · Companies House register