PCS Recycling Ltd (08038334): administration
- Status
- Administration ended
- Administration began
- 2019-02-06
- Formerly
- P.Corbally Services Limited
- Incorporated
- 2012-04-19
- Location
- Rochester
- Industry
- 49410 Freight transport by road
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
Ultimate contacted Danny Allen of PCR (London) LLP on 31 January 2019 on becoming aware that a winding up petition had been presented against the Company by Cook and Son Limited which was due to be heard on 7 February 2019.
At that stage it also becarne apparent that the Company’s Operating Licence had been revoked as referred to above.
On 1 February 2019, Danny Allen of PCR attended a meeting with Patrick Corbally Jnr who acknowledged the revocation of the licence and explained that he intended to defend the winding up petition and seek an adjournment on the basis of his father’s poor health, despite the Company by that time having no apparent ability to deal with its liabilities.
Administrators' statement of proposals (2019-04-19) · Companies House register