Bendalls Ltd (05631986): administration
- Status
- Administration ended
- Administration began
- 2012-12-17
- Administrators' firm
- Begbies Traynor
- Formerly
- Liverpool Construction Limited; ST. Austell Construction Limited; Techkare Limited
- Incorporated
- 2005-11-22
- Location
- Stoke on Trent
- Industry
- 38320 Recovery of sorted materials
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
From the administrators' statement
The Administrators’ statement of proposals for achieving the purpose of the administration which will be sent to creditors in due course will provide detailed information in relation to the Company However, to assist creditors who may have a limited understanding of the Company and tts affairs to better understand the reasons for the pre-packaged sale, we have provided certain background information at this stage
The Company operated as a registered scrap yard from leasehold premises in Lydney, Gloucestershire It has traded in tts present form since 2008 employing seven staff ,The day to day trading of the Company was dealing directly with the general public
The benefit of the pre-packaged sale has seen the retention of seven jobs and creditors can expect to receive a dividend, although timing and quantum of such dividend ts too early to determine at this stage A dividend would have been highly unlikely had the Company been wound up through a creditors voluntary lquidation process or had tt been wound up through the Courts via a compulsory liquidation procedure
Administrators' statement of proposals (2013-02-15) · Companies House register