Southern UK Road Services Limited (07284144): administration
- Status
- Administration ended
- Administration began
- 2012-10-25
- Administrators
- Jeremy Nigel Ian Woodside, Christopher Ratten
- Administrators' firm
- Baker Tilly Business Services
- Incorporated
- 2010-06-15
- Location
- Manchester
- Industry
- 4525
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 15 June 2010 with Andrew John Wrigley appointed as sole director No company secretary was appointed The Company’s authorised share capital on incorporation was 1 ordinary share of £1 which was issued to Andrew John Wrigley
The Company purchased the business and assets of a connected company, UK Road Services Limited (“"UKRS") from its Administrators UKRS is a connected company by virtue of the previous common directorship of Andrew John Wrigley
The sum of £90,000 was paid by the Company for the goodwill, work in progress and tangible assets of UKRS_ It was agreed between the Company and the Administrators of UKRS that the consideration would be paid in nine equal instalments of £10,000 The Company granted fixed and floating charges to the Administrators, Andrew Poxon and John Malcom Titley in order to guarantee the deferred consideration
Administrators' statement of proposals (2013-01-03) · Companies House register