Dickson Haslam Limited (07166532): administration
- Status
- Administration ended
- Administration began
- 2013-09-24
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2010-02-23
- Location
- Manchester
- Industry
- 69102 Solicitors
Why it went into administration
- Rising costs / inflation
- Creditor pressure / legal action
- Regulatory change or action
From the administrators' statement
The Company was incorporated in 2010 as a legal practice The major creditor of the Company was Svenska Handelsbanken (“the Bank”)
in 2013 the Company began to suffer trading and financial difficultes and was unable to generate sufficient profits from the business to service the Bank’s indebtedness and maintain the business of the Company
The directors sought advice from Begbies Traynor in relation to the financial position of the Company and the available options
Administrators' statement of proposals (2013-11-21) · Companies House register