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C R Oakenshaw Limited (06614025): administration

Status
Administration ended
Administration began
2014-11-25
Formerly
C R Okenshaw Limited
Incorporated
2008-06-06
Location
Brighton
Industry
47730 Dispensing chemist in specialised stores

From the administrators' statement

| was intially contacted regarding this matter by Shawbrook Pharmacy Finance Limited (‘Shawbrook”) the working capita! provider to the Company A meeting was arranged at the Company's trading premises in Oakenshaw on 4 September 2014 with the director The various options available to the Company were explored including a company voluntary arrangement, liquidation and administration.

Part of my advisory role included drafting estimated cash flows for the Company and making contact with key suppliers to see what terms could be agreed upon in order to facilitate the Company's continued trading Unfortunately, the Company could not meet the demands of the suppliers and | subsequently advised the director to place the Company into admunistration in order to protect the goodwill of the Company's business

After seeking alternative advice, the director filed a notice of intention to appoint an administrator in the High Court at 10 14 am on 18 November 2014

Administrators' statement of proposals (2015-01-26) · Companies House register

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C R Oakenshaw Limited (06614025)

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