Lucas Confectionery Limited (07821288): administration
- Status
- Administration ended
- Administration began
- 2022-08-10
- Administrators
- Trevor John Binyon, Ian Mcculloch
- Administrators' firm
- Opus Restructuring
- Incorporated
- 2011-10-24
- Location
- Milton Keynes
- Industry
- 47240 Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
3.1 As a result of these aforementioned difficulties, the Company began to experience creditor pressure from landlords and rating authorities. The Company’s assets are limited to inter-company balances, stock and fixtures & fittings which were unable to be leveraged to assist with cashflow precluding the option of a cash injection. 4,
3.2
3.3
Administrators' statement of proposals (2022-10-07) · Companies House register