From the administrators' statement

The company was incorporated on 12 May 2008 with Mr Henry Johnson and Mrs Carole Johnson being appointed directors Mr and Mrs Johnson are equal shareholders, holding 50 shares each.

The company was used as a vehicle to purchase the business and assets of Chaner Limited, which entered Into administration on 29 May 2008 The company’s principal trading activity was the fabrication of steel providing a range of services from structural steelwork and builders metalwork to gates, railings and balustrades

The company banked with National Westminster Bank Plc from the commencement of trading There was no business overdraft or directors’ loans Initial capital was generated through drawing down on the book debt factoring facility provided by SME Invoice Finance Limited (SME). The company continued to use SME throughout the course of trading

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Chaner Services Limited (06590469)

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