Clarks Maintenance Ltd (07580034): administration
- Status
- Administration ended
- Administration began
- 2014-05-09
- Incorporated
- 2011-03-28
- Location
- Liverpool
- Industry
- 80200 Security systems service activities
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
From the administrators' statement
The Director has been requested to provide a narrative history of the Company leading up to the Administration, but to date this has not been received Accordingly, only the facts known to the Joint Administrators are detafled
The Company was incorporated on 28 March 2011 (CRN 07580034) as the vehicle through which the assets and business of 655 Limited were to be bought fram the Liquidator of that company The sale was agreed on 30 June 2014 and the final instalment was paid in July 2013
A winding-up petition was presented against the Company by H M Revenue and Customs in the High Court on 18 March 2014, and a heanng date of 12 May 2014 was Itsted The Director approached Moore Stephens LLP for advice in early May and was advised that the Company should be placed into Administration as soon as possible As a result of the petition, urgent discussions were held with Partnership Finance Limited, a qualifying floating charge holder Accordingly, a review of the business and options available was conducted, and as the qualifying floating charge holder, Partnership Finance Ltd took the decision to exercise their nght to appoint Admunistrators. This provided a moratonum to protect the
Administrators' statement of proposals (2014-07-08) · Companies House register