# A & M Softwoods Timber Ltd (07921181)

> Why UK company 07921181 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07921181

- **Status:** Administration ended
- **Administration began:** 2012-10-23
- **Administrators:** Jamie Playford
- **Administrators' firm:** Acuity Professional Partnership
- **Incorporated:** 2012-01-24
- **Location:** Norwich

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action

## From the administrators' statement

A & M Softwoods Timber Limited (“the Company”) was incorporated on 24 January 2012 and provided specialist wholesale wood and construction material solutions

The orginal business was Peter and Jane Corale Meadows as a partnership This business was incorporated in September 2010 under the name A & M Softwoods Limited (“AMS”) of which Jane Coralie Meadows was sole director and shareholder AMS was funded by an invoice finance facility from Aldermore from November 2010 Aldermore introduced Mr & Mrs Meadows to Simon Wilkinson, an accountant and business advisor AMS entered Administration in December 2011

The Company was formed in January 2012 with Saily Wilkinson, wife of Simon Wilkinson, sole director and Simon Wilkinson sole shareholder Its purpose was to purchase the business and assets from AMS However, it would appear that Mr Wilkinson purchased these personally. Bibby Financial Services Limited (“Bibby”) provided invoicing financing for the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07921181/filing-history/MzA3MDA5NzI1MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07921181

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