Swimbetter Ltd (06955437): administration
- Status
- Administration ended
- Administration began
- 2017-12-08
- Administrators' firm
- Insolvency Practitioners of Aspect Plus
- Formerly
- Swimming Nature Limited
- Incorporated
- 2009-07-07
- Location
- Upminster
- Industry
- 85510 Sports and recreation education
From the administrators' statement
Aspect Plus Limited were initially introduced to Eduardo Ferre, the Director, by Vertice Accounting Services, a local firm to the Company. Darren Edwards first met Eduardo Ferre on 27 September where they discussed the background and current position of the Company and considered several non-formal and formal options available.
lt was agreed that the best return to creditors would be if a Pre-Pack sale of the business and assets via an Administration could be achieved and Aspect Plus Limited were formally instructed on 23 October 2017 to assist with the sale of the business and assets and the appointment of Joint Administrators.
SIA agents were instructed to value and subsequently market the business and assets over a two week period. Several parties showed an interest in the business and assets, including the Director.
Administrators' statement of proposals (2017-12-29) · Companies House register