Minty Art Limited (06335171): administration
- Status
- Administration ended
- Administration began
- 2015-05-08
- Administrators
- Stephen Mark Katz, Paul Robert Appleton
- Administrators' firm
- David Rubin and Partners
- Incorporated
- 2007-08-06
- Location
- Northwood
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
- HMRC / tax arrears
- Cash flow / liquidity pressure
From the administrators' statement
41 Minty Art Limited (“the Company”) was incorporated on 6 August 2007 and was established in order to produce and sell art work from the Studio, which ts also the main administrative headquarters of the Company
42 Mr Ragqib Shaw, the sole director of the Company, was born in Kashmir, and in 1998 left India for London where he completed his BA and MA at Central St Martins School of Art He 1s now a London based artist, known for his opulent and intricately detailed paintings of imagined paradises, inlaid with jewels and enamel Mr Shaw has exhibited internationally
43 On 2 December 2014, David Rubin and Partners Limited (*~DRP”) were approached by the company’s accountants, Jeffreys Henry LLP who advised that the Company had received a letter from HM Revenue and Customs (“HMRC”) stating that a winding up petition would be issued in the next seven days due to unpaid PAYE / NIC, VAT and corporation tax to the estimated value of £348,195 62
Administrators' statement of proposals (2015-07-20) · Companies House register