SUB Munchers Ltd (08099798): administration
- Status
- Administration ended
- Administration began
- 2018-12-21
- Incorporated
- 2012-06-11
- Location
- Milton Keynes
- Industry
- 47290 Other retail sale of food in specialised stores
Why it went into administration
- Creditor pressure / legal action
- Property / lease costs
- Sustained trading losses
From the administrators' statement
PCR were initially contacted directly by the Director, on 20 December 2017 and Danny Allen and Sonal Raikundalia attended an initial meeting with the Director on 4 January 2018 to assess the
financial position of the Company.
Subsequent to that meeting PCR gave their advice to the Director by way of a letter of engagement and Independent Valuation Agents, Peter Davies & Sons were instructed to undertake an inventory of the Company’s assets. However, the Director did not proceed with
Administrators' statement of proposals (2019-01-15) · Companies House register