CMS & Sons Limited (05980983): administration
- Status
- Administration ended
- Administration began
- 2022-04-29
- Administrators
- Clive Morris
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2006-10-27
- Location
- Heskin
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- COVID-19
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
3.1 As detailed above, creditor level began to rise and various creditors began to issue threats of enforcement action. Additionally, administrative expenses only reduced slightly whilst turnover fell as a result of national lockdowns. :
3.2 A Notice of Intention to Appoint an Administrator was filed on 20 Aprit 2022, this subsequently triggered an Interim Moratorium.
3.3. On 21 March 2022, Clive Morris, of Marshall Peters was appointed Administrator of the Company following the filing of a Notice of Appointment of Administrator by the Director of the Company.
Administrators' statement of proposals (2022-06-27) · Companies House register