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Marylebone (BG) Assets Management Limited (08841409): administration

Status
Administration ended
Administration began
2015-08-19
Incorporated
2014-01-13
Location
London
Industry
82990 Other business support service activities n.e.c.

Why it went into administration

From the administrators' statement

The Company had accrued a large liability outstanding to HM Revenue & Customs and had been threatened with a winding up petition Were the petition to be issued, the options available to the Company, and a proposed Administrator, would be diminished

The Company had a large number of employee’s and therefore it was in the benefit of all creditors if these could remain in employment, and avoid any claims arising from redundancy

Notice of intention to appoint an Administrator was filed on 5 August 2015 and, in the days leading up to the eventual appointment, the Administrator investigated the possibilities of rescuing the business, or selling tt, along with the employee’s contracts

Administrators' statement of proposals (2015-10-13) · Companies House register

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Marylebone (BG) Assets Management Limited (08841409)

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