PJB (Midlands) Limited (05553170): administration
- Status
- Administration ended
- Administration began
- 2018-10-03
- Administrators
- Mark Malone, Gary Paul Shankland
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2005-09-02
- Location
- Birmingham
- Industry
- 43220 Plumbing, heat and air-conditioning installation
From the administrators' statement
Our appointment has arisen following the decision taken by the Board of the Company to commence liquidation proceedings on 28 September 2018 to appoint a Creditors Voluntary Liquidator under the Deemed Consent Procedures. This decision led to the issue of Notices to certain creditors on 1 October 2018 by Butcher Woods on behalf of the directors, including a statement of affairs as prepared to the same date and signed by Mrs Deborah Bleakley on behalf of the Board.
Upon receipt of these documents my firm was contacted by Funding Circle Trust Limited (the secured creditor) on 2 October 2018, since no contact had been made by either the directors or the proposed liquidator as regards the status of the Company's affairs, it's employees or what action had been taken in relation to the Company's ongoing obligations under long term construction contracts.
As a direct result a decision was taken by the secured creditor to immediately make application to Court to appoint Joint Administrators to the Company's affairs rather than wait for a liquidator to be appointed at a later date as set for 12 October 2018.
Administrators' statement of proposals (2018-12-13) · Companies House register