B & C Heating Limited (08135398): administration
- Status
- Administration ended
- Administration began
- 2014-04-10
- Administrators
- Jeremy Paul David Oddie, Paul A Palmer
- Administrators' firm
- Neathouse Partners
- Incorporated
- 2012-07-09
- Location
- Manchester
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Bad debts / customer insolvency
From the administrators' statement
The principal trading activity of the Company ts that of a specialist retailer of heating products including stoves, range cookers and renewable energy
The business of the Company was previously aquired on 22 October 2012 through the prepack administration of Blakemore & Chell Limited being a related party transaction to its previous owners and directors As part of the pre-packaged Administration the Company provided security over the business and asset by way of a debenture in favour of the Joint Administrators This was neccesary as the acquistion was based on deferred consideration
The recent trading results and financial posistion is shown below
Administrators' statement of proposals (2014-05-28) · Companies House register