Frank B Thornton Limited (06770717): administration
- Status
- Administration ended
- Administration began
- 2023-04-21
- Incorporated
- 2008-12-11
- Location
- Wilmslow
- Industry
- 70229 Management consultancy activities other than financial management
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the appointer of the Company and not from my personal knowledge as Administrator.
The current director was appointed when the former directors/shareholders were finding it difficult to manage the company and its financial position.
Following the deaths of the shareholders an impasse occurred between the director and the executors of the estate. As this was not resolved and one of the executors had paid company liabilities personally, following legal advice they decided that in the absence of the co-operation of debtor the best way to deal with the company was to place the company into Administration
Administrators' statement of proposals (2023-06-15) · Companies House register