Module-Ar Limited (06450820): administration
- Status
- In administration
- Administration began
- 2023-10-27
- Administrators
- Paul Stanley, Dean Watson, Rikki Burton
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2007-12-11
- Location
- Manchester
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
The Company was placed into Administration on Friday 27" October 2023. The Company was insolvent on both a balance sheet basis and as it could not meet its liabilities as and when they fell due.
The Company operated as a modular build company and was based out of leasehold premises in Hull. The Company achieved turnover of c£E30 million prior to its demise and operated throughout the country on various contractual projects. Further details of the business and background will be provided within our proposals.
Our proposals for achieving the purpose of the administration, which will be sent to creditors as soon as practicable, will provide detailed information in relation to the Company. The following background information is provided to assist creditors who may have limited knowledge of the Company and its affairs to better understand the reasons for the pre-packaged sale.
Administrators' statement of proposals (2024-01-05) · Companies House register