PAC Limited (05838644): administration
- Status
- Administration ended
- Administration began
- 2013-02-11
- Administrators
- Paul Anthony Goddard, Carl Stuart Jackson
- Administrators' firm
- Quantuma
- Incorporated
- 2006-06-06
- Location
- Southampton
- Industry
- 7487
Why it went into administration
- Property / lease costs
From the administrators' statement
The company was incorporated in June 2006 by Peter Carroll who was and remains the company’s sole director and shareholder
The company was incorporated for the purpose of purchasing and renting out warehouse and office premises on Coventry Road, Narborough, Leicester The funding to purchase the freehold was provided by State Securities Plc (SSP), who took a mortgage charge over the property and also a fixed and floating charge over the assets of the company, both granted on 10" August 2006
The company has rented out the premises, which comprise three self-contained units to various local companies who have used the space as additional warehouse and storage facilities {t would appear that in recent years these agreements have not been formalised and tenants have been occupying the premises on the basis of informal agreements with the Company’s director There were two informal tenants in occupation of two of the units on the site at the point Administrators were appointed
Administrators' statement of proposals (2013-04-12) · Companies House register