Airparks Management Limited (06380462): administration
- Status
- Administration ended
- Administration began
- 2013-11-25
- Administrators' firm
- Kroll
- Formerly
- APS Management Limited
- Incorporated
- 2007-09-25
- Location
- London
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
- Weak consumer demand
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
From the administrators' statement
Statutory information on the Companies and a summary of their financial history ts included at Appendix 1
The Companies formed part of a corporate group which operated in the holiday and leisure industry The main economic activity of the group was undertaken by AML, which managed offairport car parking facilities at the Premises
AML operated from the Premises under the Management Agreements and Land Costs represented the largest cost of AML AML had one mayor customer which provided over two thirds of AML’s revenue according to management accounts
Administrators' statement of proposals (2014-01-17) · Companies House register