Atterbury UK Limited (05364312): administration
- Status
- Administration ended
- Administration began
- 2019-02-13
- Administrators
- David John Oprey, Richard Howard Toone
- Administrators' firm
- Insolvency Practitioners of CVR Global
- Incorporated
- 2005-02-15
- Location
- Hove
- Industry
- 77390 Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
3.1 As stated at 2.5 above, in October 2018, Aldermore Bank Plc granted an invoice finance facility to the Company. Following review of the debtor ledger, concerns were raised regarding recoverability of the debt and as such , in January 2019 CVR Global LLP were approached to undertake an independent business review of the Companys finances.
3.2 Prior to the review commencing, it was discovered that 2 winding up petitions had been presented against the Company. Aldermore Bank Pic subsequently changed their instructions and approached CVR Global LLP with regards to their appointment as Joint Administrators. Notice of intention to appoint was filed with the Court on 8 February 2019.
3.3. On 13 February 2019, David Oprey and Richard Toone of CVR Global LLP were appointed Joint Administrators of the Company following the filing of a Notice of Appointment of Administrators by Aldermore Bank Plc as holders of a Qualifying Floating Charge.
Administrators' statement of proposals (2019-04-23) · Companies House register