TOM Wood Beers Ltd (07482432): administration
- Status
- Administration ended
- Administration began
- 2017-06-02
- Incorporated
- 2011-01-05
- Location
- Grimsby
- Industry
- 11050 Manufacture of beer
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
The company had traded within the terms of a company voluntary arrangement (“CVA’) from gt
December 2014. The CVA had progressed relatively well with a dividend of some 80% being distributed prior to closure of the CVA.
\t was apparent that a debt to HMRC had arisen that could not be paid and the company considered either finance being provided by a third party or an administration. There had already been significant discussions with a third party to sell the business and although these discussions had been very helpful, an agreement was not ultimately reached.
Administrators' statement of proposals (2017-07-26) · Companies House register