Peak (2007) Limited (06306777): administration
- Status
- Administration ended
- Administration began
- 2012-01-04
- Administrators' firm
- CB Associates
- Incorporated
- 2007-07-09
- Location
- Loughton
- Industry
- 4525
Why it went into administration
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
From the administrators' statement
The Appoimtor holds a Qualifying Floating Charge over the Company’s assets and purchased the Company from the previous shareholders on 14 November
The Appomtor raised concerns having purchased the Company, that there were abilities not revealed when calculating the net assets position Ulumately this meant the Company was technically insolvent
Moving forward the Appointor was uncertain as to whether the Company could secute sufficient contracts and income to sustain trading
Administrators' statement of proposals (2012-03-08) · Companies House register