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MCFL Holdings Limited (06898860): administration

Status
Administration ended
Administration began
2020-11-30
Administrators
Lee Antony Manning, Simon Jagger
Administrators' firm
ReSolve
Incorporated
2009-05-07
Location
London
Industry
70100 Activities of head offices

Why it went into administration

From the administrators' statement

A detailed summary of the operation of the group structure and circumstances leading to the insolvency of OSH and McFL can be found at Appendix VI. A brief summary is provided below for ease of reference.

Holdings and McFL were set up in December 2007 and May 2009 respectively and were part of the same group as Trading. The latter company operated within the retail sector offering high end men’s footwear and accessories via an online platform and stores located in London, Manchester and Leeds. McFL and OSH were non retailing holding companies.

We were appointed Administrators of Trading on 14 July 2020. Subsequent to the Administration of Trading, the directors of Holdings and McFL realised that those companies were, by reason of the Group registration for VAT, jointly and severally liable for Trading’s unpaid VAT debt of £295k.

Administrators' statement of proposals (2020-12-14) · Companies House register

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MCFL Holdings Limited (06898860)

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