B.C.White Ltd (06829931): administration
- Status
- Administration ended
- Administration began
- 2011-10-31
- Administrators' firm
- Pattinsons Insolvency
- Incorporated
- 2009-02-25
- Location
- Sutton Coldfield
- Industry
- 5540
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The company was referred to me by the company’s accountants, Bollands because the company had come under increasing pressure from its mayor creditor, HM Revenue and Customs, for payment of monies due The company carries on business as a licensed restaurant and a publican The company’s sole director consulted my firm about the company's financial position on 2g" September 2011 and insolvency advice has been provided since this time
The company had received a winding up petition which was issued by HM Revenue & Customs on the 9" August 2011 and the director sought advice relating to this liability Since the 29" September 2011, | have been engaged on behalf of the company in the production of documents to support the application for administration, considering how best to achieve the statutory purpose and taking appropriate action, using solicitors and agents where necessary
| instructed Richard Mascall of MGR Appraisals, Beaufort House, 94-96 Newhall Street Birmingham B3 1PB as agent to value the company fixtures and fitings The company’s stock was valued on a monthly basis by Innstock Services of 23 Heathfield Road, Whoberley, Coventry, CV5 8BT, the last valuation undertaken on the 11" October 2011 The director has estimated the value of the stock as at the 31" October 2011 which in light of the previous valuations conducted appears reasonable Details of the values attributed to the assets and the value expected to be realised for them ts given in the sale proceeds comparison table below
Administrators' statement of proposals (2011-12-09) · Companies House register