Total Health Ethos Limited (06170784): administration
- Status
- Administration ended
- Administration began
- 2020-10-02
- Administrators
- Robert John Coad
- Administrators' firm
- Proudley Associates
- Incorporated
- 2007-03-19
- Location
- Bristol
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- COVID-19
- Parent or group failure
From the administrators' statement
Following their appointment the Joint Administrators completed a pre-packaged sale of the business. In accordance with Statement of Insolvency Practice 16 (SIP16) a report providing further details of the sale was circulated to creditors on 9 October 2020.
The SIP16 report also provides further background to the events leading up to the Joint Administrators’ appointment. A copy of the SIP16 report is enclosed with these proposals.
Financial Information In the financial year ended 2018 Group revenues were £4.6m, which generated EBITDA of £66k. In the 11 months to November 2019, revenues were £4.9m with EBITDA of £86k.
Administrators' statement of proposals (2020-11-25) · Companies House register