Group Novo Limited (06658354): administration
- Status
- Administration ended
- Administration began
- 2011-08-31
- Administrators
- Matthew Ingram, Jason James Godefroy
- Administrators' firm
- Kroll
- Formerly
- Brayco 1 Limited
- Incorporated
- 2008-07-29
- Location
- London
- Industry
- 5190
Why it went into administration
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
21 Statutory information on the Companies and summaries of their financial positions are included at Appendix 1
Novo
2.2 Novo was incorporated tn July 2008 by the Directors with the intention of facilitating a BIMBO of Pyramid with the assistance of certain of Pyramid’s management team at the time. The business of Pyramid ts mentioned further below
Administrators' statement of proposals (2011-10-19) · Companies House register