General Recoveries Limited (06734438): administration
- Status
- Administration ended
- Administration began
- 2014-06-10
- Administrators' firm
- Harrisons Business Recovery and Insolvency
- Incorporated
- 2008-10-27
- Location
- Manchester
- Industry
- 66190 Activities auxiliary to financial intermediation n.e.c.
Why it went into administration
- Regulatory change or action
From the administrators' statement
The Company was incorporated on 27 October 2008 and commenced to trade shortly thereafter The Company originally operated in the claims management sector however later converted its service offering to debt management, offering debt solutions to financially distressed individuals
The debt management sector was originally licenced by the Office of Fair Trading COFT’)) however following the closure of the OFT in April 2014 the Financial Conduct Authority CFCA’) assumed regulatory control and granted the Company an interim licence to trade
Prior to incorporation the director, Mr David Soutter worked for a claims management company and had worked tn the claims sector for approxtmately 10 years
Administrators' statement of proposals (2014-08-04) · Companies House register