Sweet Lettings Limited (06558128): administration
- Status
- Administration ended
- Administration began
- 2015-04-08
- Administrators
- Edwin David Stanley Kirker
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2008-04-08
- Location
- South Kensington
- Industry
- 68320 Management of real estate on a fee or contract basis
Why it went into administration
- Creditor pressure / legal action
- Property / lease costs
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated in April 2008 but remained dormant until August 2008 At this time a former partnership between Richard Sweet and Barry Wilson under the style of Sweet Property Services was dissolved Mr Wilson took the existing business and clent base and began to trade on his own account as Squires Property Services from the former premises in Hoo, Isle of Grain, Kent Mr Sweet retained the nght to the trading style and operated the subject Company from the other trading premises in Rochester High Street
Initially the Company was prohibited from contacting the old chent base, so began life as an estate agency In 2010 tt transferred its estate agency business into Sweet Estate Agency Limited and concentrated solely on lettings
The original directors were Richard Duncan Sweet and his wife, Susan Helen Sweet The former filed for his own bankruptcy petition on 20 February 2009 having resigned as director and secretary four days earlier He would have been disqualified from holding the office of director by virtue of his bankruptcy Mr Sweet did, however, remain heavily involved in the Company's operations but did not immediately reappoint himself as director when he was released from the restrictions of bankruptcy
Administrators' statement of proposals (2015-06-11) · Companies House register