Angora Stores Limited (07735723): administration
- Status
- Administration ended
- Administration began
- 2020-03-26
- Administrators
- Brian Burke, Sean Bucknall
- Administrators' firm
- Quantuma
- Incorporated
- 2011-08-10
- Location
- Brighton
- Industry
- 68320 Management of real estate on a fee or contract basis
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
3.1. As described above, following a review of the management accounts, the Companies sought the advice of Osborne Clarke LLP (a restructuring and insolvency solicitor) and Quantuma LLP on 27 February 2020. Quantuma LLP and Osborne Clarke LLP were formally instructed on the same day to provide advice on financial and trading issues.
3.2. The Companies had previously instructed SIA Group Ltd, a valuation agent, to provide formai valuations of the Companies’ assets. During this period, the board arranged for funds from customer payments in respect of unfulfilled orders to be paid over to an
account held by SIA. 3.3
Administrators' statement of proposals (2020-06-05) · Companies House register