Environ Group (Investments) PLC (05341974): administration
- Status
- Administration ended
- Administration began
- 2012-02-08
- Administrators
- Stephen Robert Leslie Cork, Joanne Elizabeth Milner
- Administrators' firm
- Cork Gully
- Formerly
- Southern Bear PLC; Croatia Ventures PLC.; Orientrose 7 PLC
- Incorporated
- 2005-01-25
- Location
- London
- Industry
- 7415
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
From the administrators' statement
At the time of entenng into Administration, the Company has three operational subsidiary companies (“the Subsidianes”)
« BGC Limited (‘BGC’), which was acquired in September 2007 and entered administration on 7 February 2012,
• Fenhams Limited (“Fenhams"), which was acquired in September 2008 and entered admunistration on 17 February 2012, and
Administrators' statement of proposals (2012-03-15) · Companies House register