# Holme Farm Produce Limited (05960123)

> Why UK company 05960123 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05960123

- **Status:** Administration ended
- **Administration began:** 2014-07-21
- **Administrators:** Peter O'Hara, Simon Weir
- **Administrators' firm:** DS Insolvency
- **Incorporated:** 2006-10-09
- **Location:** Batley
- **Industry:** 46310 Wholesale of fruit and vegetables

## Why it went into administration

- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure

## From the administrators' statement

O'Hara & Co were introduced to the Director of the Company on 23 June 2014 and prior to that date neither O’Hara & Co nor any of tts staff had previously acted for the Company or its Directors in any formal capacity The introduction was made by the Company’s accountants It was established that the Company was insolvent both on a balance sheet basis and that tt was unable to pay its liabilities as and when they fall due Creditor pressure was now at a critical point with one or more winding up petitions expected within days

An associated company of O'Hara & Co, Wesley House Consultancy Limited, assisted the Company in securing a refinance of working capital facilities and additional working capital support from Reward Capital LLP in November 2013

Purpose, Initial Strategy and Progress of the Administration

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05960123/filing-history/MzEwNTc0MTIxOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05960123

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