Nursing 2000 Limited (07518687): administration
- Status
- Administration ended
- Administration began
- 2022-06-14
- Administrators
- Andrew James Pear, Milan Vuceljic
- Administrators' firm
- Moorfields
- Formerly
- Medic Professionals Limited
- Incorporated
- 2011-02-07
- Location
- London
- Industry
- 86900 Other human health activities
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
From the administrators' statement
Attached at Appendix Il is an account of the work undertaken prior to the Joint Administrators’ appointment and the costs associated with that work.
Moorfields was initially introduced to the Director by Begbies Traynor on 11 May 2022. Moorfields was initially engaged to negotiate a TTP with HMRC in respect of its VAT and tax liabilities totalling c.£1.36m. Unfortunately, negotiations with HMRC were unsuccessful, following which Moorfields helped to advise the Company on the available options.
There was insufficient working capital and no prospect of securing new or further funding to allow medium-term trading to continue in order that the business and assets could be exposed to the market for a prolonged period of time. 2.4
Administrators' statement of proposals (2022-08-10) · Companies House register