Halo INC Limited (07561951): administration
- Status
- Administration ended
- Administration began
- 2016-03-03
- Administrators
- Nicholas Edward Reed, Julian Pitts
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2011-03-14
- Location
- Leeds
- Industry
- 47910 Retail sale via mail order houses or via Internet
From the administrators' statement
On 29 February 2016 Julian Nigel Richard Pitts of BegbiesTraynor (Central) LLP was contacted urgently by Santander UK Pic This was following the Company's sudden inactivity on its account, lack of co-operation from the Company's director and his subsequently cancelling a meeting with the bank The bank also became aware of suspicious activity on the Company's website and a sudden change tn the website's registrant The bank therefore issued a letter of demand on the Company on 1 March 2016 demanding repayment of the bank's indebtedness The Company failed to repay the bank and/or enter into dialogue
Consequently, on 3 March 2016, Santander UK Plc as qualifying floating chargeholder, filed a notice of appointment of administrators in order to protect the Company’s assets Pursuant to the provisions of Paragraph 14 of Schedule B1 to The Insolvency Act 1986 Julian Nige! Richard Pitts and Nicholas Edward Reed of Begbies Traynor (Central) LLP were appointed jomnt administrators on 3 March 2016
Under the provisions of Paragraph 100(2) of Schedule B1 to The Insolvency Act 9186 the administrators carry out their functions joint and several and either administrator has the power to exercise any function
Administrators' statement of proposals (2016-05-10) · Companies House register