LEP Care Ltd (07598354): administration
- Status
- Administration ended
- Administration began
- 2013-07-03
- Administrators
- Christopher Norman, Ian Walker
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2011-04-11
- Location
- Exeter
- Industry
- 88990 Other social work activities without accommodation n.e.c.
Why it went into administration
- Loss of key people
From the administrators' statement
The founder of the business, Tim Pattison, died suddenly in February This significant event did not affect the Company's ability to deliver a quality service However, given the drastic change in the management hierarchy, the director, Lynne Pattison, wished to restructure the business The Company was onginally set up to expand rapidly, which meant that it was committed to high overheads With the loss of the founder it became apparent that the Company would not be able to meet the targets necessary to bear the costs of the overheads
Administrators' statement of proposals (2013-09-02) · Companies House register