Nirvana Audio Visual Ltd (06637287): administration
- Status
- Administration ended
- Administration began
- 2017-04-26
- Administrators
- Craig Johns, Jason Mark Elliott
- Administrators' firm
- Cowgill Holloway Business Recovery
- Incorporated
- 2008-07-03
- Location
- Bolton
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Parent or group failure
From the administrators' statement
The Company was incorporated on 3 July 2008 by Christopher Andrew Shaw (“Shaw”) and Rachel Holden (“Holden”) and commenced trading immediately as an internet based company.
Shortly thereafter, the Company diversified its trading activities to that of a custom installations business of entertainment systems, operating primarily throughout the North West of England. As a result of the Company’s new direction, Holden resigned as a co-director on 17 October 2008, whilst retaining her shareholding.
On that same date, being 17 October 2008, David Arden (“Arden”) and David Anthony Brennand (“Brennand”) were appointed co-directors. Arden and Brennand were formerly directors of a company which had employed Shaw and this is where the directors formed their professional relationship. Brennand would later resign as the Company's codirector as the Company’s business activities no longer matched his portfolio of businesses. On 17 October 2008, a Subscription and Shareholders’ Agreement was executed involving The Trustees of the Packaging for Food Pension Scheme (“PFPS”), Arden, Shaw and Holden.
Administrators' statement of proposals (2017-05-17) · Companies House register