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Direct Cleaning Services (South West ) Ltd (06793246): administration

Status
Administration ended
Administration began
2018-05-23
Administrators' firm
Begbies Traynor
Incorporated
2009-01-16
Location
Bristol
Industry
81299 Other cleaning services

From the administrators' statement

The proposed administrators were introduced by Skipton Business Finance Ltd (“Skipton”) on 10 April 2018, following an approach by the Company for funding. Skipton recommended that the Company's director. Daren Vaughan, take independent insolvency advice in circumstances where, on 31 March 2018, the Company had transferred its business and assets as a going concern, and the acquiring company was also owned and controlled by Mr Vaughan. The acquiring company was Direct Cleaning Services SW Ltd (company number 09889191). A meeting followed on 12 April between Paul Wood and Daren Vaughan. The director was advised to pursue a director's appointment of administrators under Schedule B1 to the Act and an engagement letter was duly issued on 13 April 2018.

Delays ensued due to the director's absence on vacation during April followed by iliness and a period of hospitalisation in May. The appointment of administrators was eventually filed in court on 23 May 2018. a

Notice of intention to appoint administrators having previous been served on Skipton, being the holder of a Qualifying Floating Charge.

Administrators' statement of proposals (2018-08-01) · Companies House register

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Direct Cleaning Services (South West ) Ltd (06793246)

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