Portishead Tyre & MOT Centre Limited (07082253): administration
- Status
- Administration ended
- Administration began
- 2019-04-03
- Formerly
- Pri-Fix Solutions Limited
- Incorporated
- 2009-11-20
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Loss-making contracts / project overruns
From the administrators' statement
On 8 March 2019, the company received Notice of Intention to re-enter the company’s premises with respect to liabilities (including costs) of £40,638 from HMRC.
On 12 March 2019, an initial meeting took place with the Directors and Samuel Talby of PCR (Bristol) LLP to determine the status of the Company and its solvency. Having reviewed the financial position, it was clear that the Company was under extreme creditor pressure and steps should be taken to protect the business.
PCR were subsequently instructed by the Directors and under the advice provided by William Price & Co accountants.
Administrators' statement of proposals (2019-05-24) · Companies House register