# MPH (Northwest) Limited (07870086)

> Why UK company 07870086 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07870086

- **Status:** Administration ended
- **Administration began:** 2015-10-07
- **Administrators:** Peter James Anderson, Alan David Fallows
- **Administrators' firm:** Kay Johnson Gee Corporate Recovery
- **Incorporated:** 2011-12-05
- **Location:** Manchester
- **Industry:** 80100 Private security activities

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

The Company was incorporated on 5 December 2011 by Gillian Morton (“the Director") The Company began to trade in January 2012 initially from leasehold premises at Unit 23 St Asaph Business Park as a provider of security including static mobile patrols and door supervisors

In order to fund the trading the Company entered into a debt factoring agreement with Bibby Financial Services Ltd (“Bibby”) on 22 December 2011 Bibby was granted an assignment of the sales ledger and debenture dated 22 December 2011 creating a fixed and floating charge over the assets of the Company ‘

The Directors also negotiated payment terms with clients of every 2 weeks

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07870086/filing-history/MzEzNjc5NTQ1N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07870086

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.