SP Holding Group Limited (06705293): administration
- Status
- Administration ended
- Administration began
- 2016-05-17
- Administrators
- Mark Malone, Gareth Prince
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2008-09-23
- Location
- Birmingham
- Industry
- 70100 Activities of head offices
Why it went into administration
- Parent or group failure
From the administrators' statement
The Company ts the parent company of SP Holding Limited, SP Holding Tractor Hire Limited, SP Holding Services Limited and SP Holding Workshop Limited SP Holding Group Limited held a number of the lease and hire purchase agreements relating to vehicles operated by other companies within the group The Company was also party to the cross guarantee in respect of the secured debt As a result of the administration of the other companies within the group, the Company was rendered insolvent
Administrators' statement of proposals (2016-07-18) · Companies House register