GB Debt Recovery Solutions Limited (06519200): administration
- Status
- Administration ended
- Administration began
- 2011-08-26
- Administrators
- Christopher Charles Garwood
- Formerly
- Hull and East Yorkshire Debt Recovery Limited
- Incorporated
- 2008-02-29
- Location
- Hull
- Industry
- 7487
From the administrators' statement
Matthew Jenner purchased the entire share capita! of the Company from its Previous Director at the beginning of Apni 2010 when, in their place, he became tts sole director Mr Compton however continued to be employed by the Company managing its business on a day to day basis
The Company was engaged in the business of collecting debts on behalf of its customers but had not operated a separate bank account into which monies collected on their behalf were paid Nevertheless it began to experience difficulty in meeting its liabilities as they fell due not least its liability to account to its customers for monies collected for them and in that way it became apparent to Mr Jenner that all was not as it should have been in the carrying on of its business and indeed that
Its financial position was far from as it had been represented to him at the time of his purchase of it.
Administrators' statement of proposals (2011-10-21) · Companies House register