# Austecracing.Com Ltd (06743251)

> Why UK company 06743251 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06743251

- **Status:** Administration ended
- **Administration began:** 2016-05-19
- **Administrators:** Simon Harris, Mark Supperstone
- **Administrators' firm:** ReSolve
- **Incorporated:** 2008-11-06
- **Location:** London
- **Industry:** 45200 Maintenance and repair of motor vehicles

## From the administrators' statement

The Company was incorporated on 6 November 2008 and Mohamed Saeed Moghul was appointed the sole director The Company traded as a motor vehicle mechanical workshop and body repair centre, specialising In high performance tuning

The Company was based in leasehold premises in Crawley, Surrey, which it shared with other motor servicing companies The Company formerly employed four members of staff, however, all staff were made redundant prior to my appointment

In November 2010 the Company sold the vast majority of Its assets to Leamington Equipment Leases Limited to generate cash in order to continue trading Since inception the Company was dependent on funding from investors for cash flow purposes in order to meet its liabilities

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06743251/filing-history/MzE1MzEzMDAwNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06743251

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.