From the administrators' statement

On 14 August 2018, an initial meeting took place with the Directors and Samuel Talby of PCR (Bristol) LLP to determine the status of the Company and its solvency. Having reviewed the financial position, it was clear that the Company was under extreme creditor pressure and steps should be taken to protect the business.

PCR were subsequently instructed by the Directors and under the advice provided by Carbon Law Partners LLP, PCR arranged for a NOI to be filed on 17 August 2018 which was served on the Qualifying Floating Charge Holder, Maxwell Paul Murphy (“PM”).

Whilst the NOI was in place, we undertook an information gathering exercise and instructed Quantity Surveyors, Robert Pearce Associates (“RPA”) to undertake a review of the position of all debtors, retentions, and applications to determine the likelihood of recoveries.

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Ingenium Construction Services Limited (08044030)

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