# Mynt Facilities Services Group Limited (07880911)

> Why UK company 07880911 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07880911

- **Status:** Administration ended
- **Administration began:** 2013-06-20
- **Administrators:** Phillip Francis Duffy, Sarah Helen Bell
- **Administrators' firm:** Kroll
- **Formerly:** Shoo 556 Limited
- **Incorporated:** 2011-12-14
- **Location:** Manchester
- **Industry:** 70100 Activities of head offices

## Why it went into administration

- Cash flow / liquidity pressure
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Parent or group failure
- Creditor pressure / legal action

## From the administrators' statement

Mynt

Mynt was a non-trading holding company incorporated tn April 2012 as a vehicle to acquire the share capital of RHS

The purchase consideration was £900k with the initial tranche of £700k funded by way of a loan from NWF. The balance of £200k was deferred and was to be paid in two equal instalments of £100k in May 2013 and May 2014

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07880911/filing-history/MzA4MzQwNDAyOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07880911

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