One D SPV Limited (07369837): administration
- Status
- In administration
- Administration began
- 2013-10-09
- Administrators
- Kevin Gerald Murphy, Andrew Poxon
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2010-09-08
- Location
- Manchester
- Industry
- 86230 Dental practice activities
Why it went into administration
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 8 September 2010 and commenced to trade on 25 September
The Company traded from leasehold premises at Lester House, Bury, Lancashire BL9 ODA It acted as a holding company for FD Realisations Limited (formerly 1st Dental Products Ltd) ("1% Dental’) and it's subsidianes, which traded as dental laboratones to UK based dental practices
The group traded dunng difficult economic conditions and despite significant actions being taken to reduce overheads In line with declining turnover, 1s Dental was placed in administration on 16 May 2013 This resulted in a bad debt from an intercompany balance that was due from 1st Dental, and the remaining balance sheet consisted solely of property fixed assets and a liability owed to Richard
Administrators' statement of proposals (2013-12-05) · Companies House register