Larmer Brown Consulting Ltd (07142732): administration
- Status
- Administration ended
- Administration began
- 2013-07-19
- Administrators
- Debi Harvey
- Administrators' firm
- Harveys Insolvency & Turnaround
- Formerly
- LB Consultants Ltd
- Incorporated
- 2010-02-02
- Location
- Newbury
- Industry
- 62090 Other information technology service activities
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Competition / price pressure
From the administrators' statement
The Company provided an IT based tralning platforms and solutions to a broad spectrum of industries, latterty from premises at Unit 8, Murrell Green Business Park, Hook, Hampshire, RG27 9GR, which were occupied on an informal basis In 2010 the Company purchased the whole business of LB Reallsatlons Limited from its administrator and immediately commenced trading
PtP
Jt was funded by way of a loan from Evirosound Holdings Limited (‘EHL’) and by an invoice discounting facility from IFG Invoice Finance Limited (1GF’) Banking facilmes were provided by both Lloyds TSB Bank plc and Santander pic the Jatter who provide an overdraft facility of £4,000
Administrators' statement of proposals (2013-08-13) · Companies House register