QRS Group Ltd (06890956): administration
- Status
- Administration ended
- Administration began
- 2011-07-06
- Administrators' firm
- Mazars
- Incorporated
- 2009-04-29
- Location
- York
- Industry
- 7487
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 29 Apnl 2009 to purchase Quality Roofing Systems Limited which entered into Administration on 19 June 2009 Sale consideration in the sum of £125,000 was paid
The director believed based on financial information provided by the in house accountant that the Company was trading profitably However, m January 2011, the Company was served with a Winding Up Petition issued by HMRC for approximately £15,000
33 When the in house accountant was questioned about the petition, the director was advised that the petition could be dealt with if payment was made to HMRC and the director and his wife injected personal funds im order to repay this debt.
Administrators' statement of proposals (2011-08-26) · Companies House register