Manchester Trading 123 Ltd (08866656): administration
- Status
- Administration ended
- Administration began
- 2022-10-25
- Administrators
- Darren Brookes
- Administrators' firm
- Milner Boardman Partnership
- Formerly
- Pride Planning Ltd
- Incorporated
- 2014-01-29
- Location
- London
- Industry
- 96030 Funeral and related activities
Why it went into administration
- Regulatory change or action
- COVID-19
- HMRC / tax arrears
From the administrators' statement
Creditors should note that, unless otherwise stated, this section and part of section 3 of my proposals have been prepared based on information provided to me by the director of the Company and not from my personal knowledge as Administrator.
The Company was incorporated on 29 January 2014 and commenced trading in the same year. The principal business activity of the Company was the provision of funeral plans in the UK to Plan Holders. Plan Holders could pay for their chosen funeral plans up-front by way of a lump sum payment or by way of instalments over a period. The Company offered a range of funeral plans and under the Company’s terms and conditions, funds paid by Plan Holders were to be held separately from the Company's trading funds and managed by independent Trustees. According to the Company’s records it is understood that there were in excess of 19,000 Plan Holders.
The Company initially traded from 9 King Street, Knutsford, Cheshire. In 2015 the Company moved its operations to leasehold premises at Midwest House, Crown Industrial Estate, Canal Road, Timperley, Cheshire, WA14 1TF. The Company vacated Midwest House in 2016 and since then has traded from 80-82 National House, Wellington Road North, Stockport, Cheshire, SK4 1HW. The formal lease in respect of the Company's trading premises expired in August 2022 and the Company has since been occupying the premises on a month by month “rolling” basis.
Administrators' statement of proposals (2022-12-17) · Companies House register