CCM Pools Limited (06342520): administration
- Status
- Administration ended
- Administration began
- 2018-05-11
- Administrators
- Matthew John Waghorn
- Administrators' firm
- Insolvency Practitioners of Wilkins Kennedy
- Incorporated
- 2007-08-14
- Location
- Reading
- Industry
- 82990 Other business support service activities n.e.c.
From the administrators' statement
The Company was incorporated on 14 August 2007, and installed and maintained swimming pools with a shop in Theale and a unit at a garden centre in Caversham selling hot tubs. The directors and shareholders recorded at Companies House are Christine Penson and her partner Car! Quirk. Mr Quirk ran the operation day to day and Mrs Penson dealt with the administration. Mr Quirk sadly passed away recently.
There were staff problems while Mr Quirk was ill and Mrs Penson was unable to continue to run the business on her own. A third party made an offer to take over the business, however Mrs Penson was unhappy with the suggested dea! and was also concerned about what may happen to the business in the time it would take to complete an agreement. Whilst the Company had previously been profitable, the bank account was in overdraft and there was uncertainty about the level of work in progress. A number of staff had also recently left the business. Given the unfortunate circumstances, Mrs Penson decided the best way forward would to be to place the Company into an insolvency procedure.
Our firm was introduced to the Company by the Company’s accountants, J and C Accountants Limited 1 May 2018.
Administrators' statement of proposals (2018-07-16) · Companies House register