Rachyal & Co Limited (05959007): administration
- Status
- Administration ended
- Administration began
- 2018-11-02
- Administrators' firm
- Insolvency Practitioners of Sanderlings
- Incorporated
- 2006-10-06
- Location
- Solihull
- Industry
- 46190 Agents involved in the sale of a variety of goods
From the administrators' statement
3.1 The Administrator is aware from communication passed by creditors that the Company experienced substantial pressure from suppliers in the months prior to Administration. Creditors may be aware that on 22 October 2018, solicitors acting for a creditor filed an Administration application with a hearing scheduled for 5 November 2018.
3.2 The Administrator had met the director with his advisor on 15 October 2018 to
discuss the financial position of the Company and met further with the advisor along
Administrators' statement of proposals (2019-01-16) · Companies House register