Network 4 Home Delivery Ltd (06967468): administration
- Status
- Administration ended
- Administration began
- 2013-06-04
- Administrators' firm
- Leonard Curtis
- Formerly
- Ideal Logistics Ltd
- Incorporated
- 2009-07-20
- Location
- Manchester
- Industry
- 49410 Freight transport by road
Why it went into administration
- Property / lease costs
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company was tncorporated in July 2009 although only began trading on 28 September 2010 The directors of the Company are Mr Vincent Riley, Mrs Lucie Riley and Mr Jayson Bennett
The pnncipal activity was that of a two man delivery service to homes covering the UK and Ireland The Company initially traded from leasehold premises in Winsford, West Sussex and Carlisle The Company employed between 40 and 50 staff at any tme
The Company was funded by way of an invoice finance facility held with Bibby Financial Services Limited (“Bibby”) who hold secunty by way of a debenture, incorporating a fixed and floating charge over all assets, created on 13 April 2011
Administrators' statement of proposals (2013-07-30) · Companies House register