Adzel Ltd (07454974): administration
- Status
- Administration ended
- Administration began
- 2012-08-24
- Administrators
- Gordon Craig
- Administrators' firm
- Refresh Recovery
- Incorporated
- 2010-11-30
- Location
- Skelmersdale
- Industry
- 73110 Advertising agencies
Why it went into administration
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- HMRC / tax arrears
From the administrators' statement
important Note. The information contained in this section has been provided by the Director of the Company and no verification work has been undertaken by the Administrator
The Company was incorporated on 30 November 2010 and commenced trading in January 2011 producing maps and brochures for amongst others, hotels and theatres The Company purchased the assets and contracts from the Administrators of Online Group of Companies Limited as part of a pre pack deal This was funded by the appointed Directors, Ms Patricia Barton and Mr Antoni Ross who were both Directors of Online Group of Companies Limited and both had over ten years of experience In the industry, by introducing capital and taking over a book debt of approx £120,000 (lest bad debt) along with the liability to fulfil the existing contracts bought in the pre pack
The company established itself by continuing to sell on and produce work for the contracts purchased in the pre-pack and secured further business by making appointments and cold calling with customers and sales representatives
Administrators' statement of proposals (2012-11-20) · Companies House register