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The Cambridge Carrier Ltd (07248511): administration

Status
Administration ended
Administration began
2025-03-12
Administrators
Michael Kiely, Andrew Andronikou
Administrators' firm
Quantuma
Incorporated
2010-05-10
Location
20 St. Andrew Street
Industry
45112 Sale of used cars and light motor vehicles

Why it went into administration

From the administrators' statement

3.1 As detailed above the two major creditors being MMEPL and MMUK served demands on the Company. On 3 February 2025, the director was referred to Quantuma by his legal advisors to help advise on the options available for the Company, as it was unable to satisfy the outstanding statutory demand.

3.2 Following an initial review of information and documentation provided by the legal advisers, it was determined that the Company was insolvent by statutory definition and that a purpose of an Administration could be achieved.

3.3 Quantuma were subsequently engaged on 20 February 2025 to assist the director with placing the Company into Administration and for the appointment of Joint Administrators.

Administrators' statement of proposals (2025-05-12) · Companies House register

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The Cambridge Carrier Ltd (07248511)

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