Arik AIR International Limited (05883948): administration
- Status
- Administration ended
- Administration began
- 2017-04-13
- Incorporated
- 2006-07-21
- Location
- Sheffield
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
From the administrators' statement
The information provided in this section is based upon the Company records and the explanations of the director, the accuracy of which the Joint Administrators are unable to vouch for. The Joint Administrators cannot therefore be held personally liable for errors or misstatement of fact contained therein.
The Company was incorporated on 21 July 2006, with Mr Daniel Dwyer and Sir Joseph Arumemi-lkhide being appointed as directors upon incorporation. Mr Dwyer was a company incorporation agent and upon Sir Arumemi-thkide’s appointment he resigned his directorship on 1 January 2012 and Dr Arumemi-Ikhide acquired 100 percent of the Company’s share capital, which was 1 Ordinary share of £1 at the time.
Sir Arumemi-jhkide and Dr Arumemi-thkide had an existing business relationship as both were directors and shareholders of Arik Air Limited (“Arik Nigeria”), a business which has been incorporated since 2 July 2004 operating as West-Africa’s leading domestic, regional and international flight network. Essentially operating from two hubs at Murtala Mohammed International Airport, Lagos and Nnamdi Azikiwe international Airport, Abuja, Arik Nigeria operated more than 50 percent of domestic flights in Africa and was therefore vital for the public transport infrastructure.
Administrators' statement of proposals (2017-06-08) · Companies House register