Parabis Group Limited (07786269): administration
- Status
- Administration ended
- Administration began
- 2015-11-23
- Administrators
- Benjamin J Browne, Anne Clare O'Keefe, Peter Mark Saville
- Administrators' firm
- AlixPartners
- Formerly
- Woodstock Targetco Limited; Hamsard 3266 Limited
- Incorporated
- 2011-09-26
- Location
- Manchester
- Industry
- 70100 Activities of head offices
Why it went into administration
- Funding withdrawn / unable to refinance
- Regulatory change or action
- Rising costs / inflation
- Cash flow / liquidity pressure
- Property / lease costs
- Parent or group failure
From the administrators' statement
The following factors have impacted the Group and consequently led to the Administration of the Companies
e regulatory change as a result of the Legal Services Act 2007 (LSA 2007) and the creation of Alternative Business Structures (ABS), and
e mergers and acquisitions undertaken by the Group Regulatory change
Administrators' statement of proposals (2016-01-07) · Companies House register