PRR Plus Limited (06686615): administration
- Status
- Administration ended
- Administration began
- 2011-10-14
- Incorporated
- 2008-09-02
- Location
- Altrincham
- Industry
- 7260
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
From the administrators' statement
PRR Plus Limited was incorporated on 2 September 2008 to purchase the business and assets of PRR Healthcare Systems Limited from its Administrators
PRR Healthcare Systems Limited was previously run by the directors of the Company and entered Administration on 6 November 2008
PRR Healthcare Systems Limited went into Administration as a result of a significant and unexpected loss of in excess of 50% of turnover due to the company’s main customer switching Its preferred supplier Despite rescue plans being implemented — new funding and reduced costs — these were insufficient to enable the company to overcome the sudden loss of turnover and a decision was made to place the company into Administration
Administrators' statement of proposals (2012-07-31) · Companies House register