JTS Warehousing Limited (05984294): administration
- Status
- Administration ended
- Administration began
- 2012-04-11
- Administrators
- David Moore, Gary Norton Lee
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2006-10-31
- Location
- Liverpool
- Industry
- 49410 Freight transport by road
From the administrators' statement
Earlier in 2012, the sole director and shareholder suffered a Ife threatening accident which left him incapacitated and, therefore, unable to continue with the affairs of the Company The prognosis at the time was that that the director may not recover from his injuries The Company’s accountants approached Begbies Traynor for advice
It was evident from the information provided that the Company was insolvent but the director, because of his condition, was unable to sign the relevant notices to enable the Company to be placed into liquidation or administration
The only viable alternative was to seek an appointment of an administrator by the qualifying floating charge holder as the cost of being appointed by means of a court order would have been prohibitive
Administrators' statement of proposals (2012-06-08) · Companies House register