# ATC Structures Ltd (05902090)

> Why UK company 05902090 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05902090

- **Status:** Administration ended
- **Administration began:** 2016-08-19
- **Administrators' firm:** Restart Business Turnaround and Insolvency
- **Formerly:** African Thatch Company Ltd
- **Incorporated:** 2006-08-10
- **Location:** Chesterfield
- **Industry:** 16230 Manufacture of other builders' carpentry and joinery

## Why it went into administration

- HMRC / tax arrears
- Credit insurance / supplier credit withdrawn

## From the administrators' statement

Restart BT) was first introduced to the Company by TPJ A meeting took place on 13 July 2016 with Restart BTi, TPJ and SH to consider the Company’s position and to advise the director on the options available

As a result of the issue with HMRC in relation to the CIS lability it was clear that the Company was insolvent The various alternative insolvency proceedures were discussed imcluding Company Voluntary Arrangement (“CVA”), Creditors Voluntary Liquidation (“CVA”) and Administration

A CVA was considered as the director believed that the Company could trade out of its problems However, one of the issues that HMRC look at in deciding whether or not to support a CVA ts the

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05902090/filing-history/MzE1ODQ1OTExMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05902090

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