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Westmorland Laundry Services Ltd (07875030): administration

Status
Administration ended
Administration began
2014-02-17
Administrators
Jonathan Elman Avery Gee, Stephen Leonard Conn
Administrators' firm
CG&Co
Incorporated
2011-12-08
Location
Manchester
Industry
96010 Washing and (dry-)cleaning of textile and fur products

From the administrators' statement

CG&Co were approached by Mr S H Johnson, a director of Westmorland Laundry Services Limited, which operated a specialist laundry service primarily for hotels in the Lake District, on 8 December 2013 The business was capital intensive due to the significant linen costs and initial funding that Mr Johnson personally provided Turnover was good, but production problems plagued the Company causing cashfiow difficulties which resulted in Mr Johnson having to inject further capital into the Company

Mr Johnson resigned as a director on 31 December 2013

Mr Richard Peter Turner was appointed as a director on 31 December 2013 and again approached CG&Co on 30 January 2014 Mr Turner was the manager of the business since the Company commenced trading, and had previously been a director until 31 December 2012 It was apparent that the Company's financial difficulties had not improved since our inital meeting with Mr Johnson Mr Turner had been having discussions with a potential purchaser but these ‘ater proved to be unsuccessful

Administrators' statement of proposals (2014-04-25) · Companies House register

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Westmorland Laundry Services Ltd (07875030)

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