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Open Road Leisure Limited (06927866): administration

Status
Administration ended
Administration began
2015-02-27
Administrators
Christopher Brooksbank
Administrators' firm
Begbies Traynor
Formerly
R D H Auctions Limited
Incorporated
2009-06-09
Location
Cleckheaton
Industry
45190 Sale of other motor vehicles

From the administrators' statement

Open Road Leisure Limited (the ‘Company’) was incorporated on 9 June 2009 under the style of R D H Auctions Ltd prior to changing its name on 6 September 2010 to its current style The Company specialises in the short term turnaround in the acquisition and sale of motorhomes and caravans Through the use of websites and magazines such as autotrader, private individuals looking to sell their motorhome or caravan, approach the Company who in turn make an offer The offer is set at a level where the Company can then sell it quickly for limited profit

The Company traded from premises situated at The Mansfield 1-Centre, Hamilton Way, Mansfield, Nottinghamshire, NG18 5BR which is a multi-tenanted, fully serviced modern, business centre

Stock Is purchased by way of a ‘Stocking Loan’ | have been provided with a summary detailing the investors, which includes the Directors The Directors have informed me that the funds which formulate the Stocking Loan are held in a client account, an account which ts formally acknowledged by the bank and held separately away from the Company’s other bank accounts

Administrators' statement of proposals (2015-04-20) · Companies House register

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Open Road Leisure Limited (06927866)

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