# AMG Leisure Limited (05734582)

> Why UK company 05734582 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05734582

- **Status:** Administration ended
- **Administration began:** 2014-04-08
- **Administrators:** Robert Alexander Henry Maxwell, Julian Pitts
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2006-03-08
- **Location:** Leeds
- **Industry:** 93290 Other amusement and recreation activities n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure
- HMRC / tax arrears
- Over-expansion / investment not recovered
- Competition / price pressure

## From the administrators' statement

The Company was established in 2006 by Alexander Auckland and Mark Sowray for the purpose of distributing gaming machines to amusement arcades across the country The Company traded from its headquarters at Melmerby Industnal Estate, Ripon, North Yorkshire

The Company suppled new gambling machines to amusement arcades, as well as refurbishing part exchanged units for resale

The Company acquired an amusement arcade in the costal town of Hunstanton in March 2008 as part of an expansion strategy Following the success of the first property, the Company purchased two further strategic properties in the Norfolk area in December 2011, guided by their new Norfolk sales manager These were not gambling onentated purchases but seen as worthwhile investments to increase tumover of the Company going forward

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05734582/filing-history/MzEwMTYzNzAwMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05734582

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.