Ramsden & Partners Architects Limited (06361295): administration
- Status
- Administration ended
- Administration began
- 2012-08-03
- Administrators
- Julian Pitts, Nicholas Edward Reed
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2007-09-05
- Location
- Leeds
- Industry
- 7420
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company 1s an architectural firm, incorporated in 2007, providing services from an office in Leeds and later expanding to an office in London The directors of the Company built up ther customer base through relationships with current and potential future customers These contacts, together with the prospects for future work that they added, were the main source of revenue for the business
Funding was obtained from Clydesdale Bank Pic, trading as Yorkshire Bank, in the form of business loans and overdraft facilities The lending was secured by a fixed and floating charge debenture tn respect of all of the Company's property and assets, created on 9 July 2008
The Company began to experience financial difficulties which led to increasing creditor pressure, including the threat by HM Revenue & Customs of a winding up petition being made The Company was also under an
Administrators' statement of proposals (2012-09-13) · Companies House register