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Onlymarketingjobs.Com Ltd (06780078): administration

Status
Administration ended
Administration began
2014-09-02
Incorporated
2008-12-24
Location
London
Industry
73110 Advertising agencies

Why it went into administration

From the administrators' statement

Appendix B shows the Company's financial statements for the years ending 31 December 2013, 31 December 2012 and 31 December 2011 No further management accounts are available for any subsequent period

In early August 2014 the Company received correspondence confirming that HMRC were unwilling to accept a repayment proposal put forward by the directors in an attempt to discharge the build-up of PAYE/NIC hiabilites HMRC confirmed that it was their intention to instigate winding up proceedings against the Company unless immediate action was taken to discharge the liability in full or they received a more favourable payment plan within seven working days

The directors were unable to put forward an alternative repayment plan and as a result of the Imminent winding up proceedings the directors approached Geoffrey Martin & Co in August 2014 to discuss the options available In August 2014 James Sleight of Geoffrey Martin & Co was approached directly by Mark Battles, a non-executive director of the Company, to conduct a review of the financial position of the Company and provide advice on the options available to the board

Administrators' statement of proposals (2014-10-30) · Companies House register

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Onlymarketingjobs.Com Ltd (06780078)

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