Kaler (JRH) Limited (05922928): administration
- Status
- Administration ended
- Administration began
- 2016-03-14
- Incorporated
- 2006-09-04
- Location
- City Estate Rochester
- Industry
- 25620 Machining
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated in September 2006 but remained dormant until July 2013 when it commenced to trade as precision engineers from rented accommodation in Rochester, Kent, having acquired the assets of an associated company (Kaler Limited) which later proceeded into trquidation The Company also acquired from the liquidator the trading name
The sole director is Ray Ram Kaler, and his wife, Knshna Devi Kater is Company Secretary
Trading was relatively successful in the first two years as the Company developed new lines of business However, in January 2015 Mr Kaler became senously ill and was absent from the business for a considerable period of time, including nearly five months as an inpatient in hospital During this time he was unable to devote his attention to the Company’s business and with his sons working within the business he felt that they would be capable of maintaining the same in his absence Mr Kaler was not able to retum to work unt! January 2016 when he discovered that trading had detenorated considerably and that staffing levels had been maintained when there should have been lay offs The deterioration in cash flow had been partly masked by Mr Kaler and his family introducing unsecured loans to the Company, but arrears built up with the Crown
Administrators' statement of proposals (2016-05-11) · Companies House register