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Candidsky Ltd (05912977): administration

Status
Administration ended
Administration began
2021-12-30
Administrators
Richard Cole, Steve Kenny
Administrators' firm
KBL Advisory
Incorporated
2006-08-22
Location
Cheshire
Industry
62090 Other information technology service activities

Why it went into administration

From the administrators' statement

A Statement of Proposals setting out how the purpose of the Administration is to be achieved will be issued to credfors as soon as reasanably practicable and certainly within eight weeks from the date of our appointment. The Joint Administrators are not currentfy in a position to ssue their proposals as they are awaiting delivery of necessary financial records, costs from Solicitors Agents and otner professionals in ordel prepare an accurate estimated outcome statement. Furthermore we are still awaiting recept of the Directar's Statement of Affairs to be received However, to assist creditors in understanding the affairs of the Company and the reasons for the pre-packaged sale, a bnef history is set cut below.

The Company was ircorporated on 22 August 2005 with Thomas Lambert and David Reharall appointed as the directors (‘the Drextors") They remamed as the Directors as at the appointment date. The Company issued 100 Ordinary £1 shares which are hekd by the Directors.

The Company ‘irs: began to experience financial difficulves in March 2020 when the covid-19 pandemic resulted in nationwide lockdowns. This resulted »n a reduction in tumover trom crca £90 000 - £100,060 per montn to £40000 - £50.000 per menth

Administrators' statement of proposals (2022-02-22) · Companies House register

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Candidsky Ltd (05912977)

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