Best Choice Gloucester Ltd (07849166): administration
- Status
- Administration ended
- Administration began
- 2012-08-24
- Administrators
- Andrew W Shackleton
- Incorporated
- 2011-11-16
- Location
- Worcester
- Industry
- 46330 Wholesale of dairy products, eggs and edible oils and fats
Why it went into administration
- Management failings / irregularities
From the administrators' statement
The Company was incorporated by Mubashar Nazir and Amer Akram on 16 November 2011 I am informed that the Company bought an existing Cash & Carry business from a currently unknown seller The Company continued to trade the business from its existing premises at Woodcock Trading Estate in Gloucester
Lee Thomas was appointed as a Director on 1 June 2012 and Mubasha Nazir resigned as a Director on 12 July 2012 The Company subsequently entered into an Invoice Financing Agreement with the Charge Holder dated 8 August
By way of security the Charge Holder took out an ‘all assets’ debenture created on 8 August 2012 and registered on 9 August 2012
Administrators' statement of proposals (2012-10-03) · Companies House register