Bradford Bulls Northern Limited (06309280): administration
- Status
- Administration ended
- Administration began
- 2016-11-14
- Administrators' firm
- PBC Business Recovery & Insolvency
- Formerly
- Phones 2 View Limited; Smarta Environment Limited; Smarta Organisation Limited
- Incorporated
- 2007-07-11
- Location
- Northampton
- Industry
- 93120 Activities of sport clubs
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The company traded as a professional Rugby League Club (“Club”) and operated as a member of the Rugby Football League ("RFL”)
The company purchased the business and assets from Administrators who were appointed when the previous trading vehicle went into Administration in 2014 In turn, that company had itself acquired the business and assets from Administrators who were appointed to the trading vehicle, which had entered Administration in 2012
Following the 2014 Administration the Club was relegated from the Super League, which the directors (and other commentators) attribute primarily to the deduction of 12 league points, being the sanction imposed under RFL rules According to the directors, relegation caused a significant fall in revenue, which tn turn had a severe detrimental impact on cash flow
Administrators' statement of proposals (2017-01-17) · Companies House register