S & L Services (Stoke) Limited (06030784): administration
- Status
- Administration ended
- Administration began
- 2023-10-25
- Administrators
- Patrick Alexander Lannagan, Conrad Alexander Pearson
- Administrators' firm
- Mazars
- Formerly
- L & S Services (Stoke) Limited; Hallco 1429 Limited
- Incorporated
- 2006-12-18
- Location
- London
- Industry
- 49410 Freight transport by road
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Rising costs / inflation
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
- Sustained trading losses
From the administrators' statement
The Company was incorporated in December 2006 and following a short period of name changes was renamed as S & L Services (Stoke) Limited in March 2007. The principal activity of the business was that of road transportation and distribution which has remained the case throughout its trading history.
Initially the directors of the business were Philip Durose and Suzanne Durose, with Mr Durose being the 100% shareholder. The initial share capital was £1, and we understand that the business was initially funded via directors’ loans.
The home of Mr and Mrs Durose has acted as the head office of the business on and off throughout its history. In February 2008, the registered office was changed to an address at Uttoxeter Road in Stoke as a sale had been expected in relation to their property. At around the same time, Mr Durose’s sister, Lisa Durose, was appointed as a director until her resignation in June 2012.
Administrators' statement of proposals (2023-11-27) · Companies House register