Clearview POS Limited (08871714): administration
- Status
- Administration ended
- Administration began
- 2015-04-17
- Administrators
- Graham David Randall, Mark Peter George Roach
- Administrators' firm
- Quantuma
- Incorporated
- 2014-01-31
- Location
- Bristol
- Industry
- 18129 Printing n.e.c.
Why it went into administration
- Property / lease costs
From the administrators' statement
The inttial introduction to the Company came from Bibby Financial Services Limited (‘Bibby’), who provided a factoring facility to the Company in respect of its book debts
The Company commenced trading in March 2014 from premises based in Hoddesdon, Hertfordshire, having acquired the business and assets of Crofton Clearview Limited (In Administration) from the Administrators, FRP Advisory The Company occupied the trading premises under a licence granted by the Administrators of Crofton Clearview Limited Unfortunately, it transpired that the Company was unable to agree formal terms with the landlord for continued occupancy of the premises, and fell into arrears of rent, resulting in repossession by the landlord on 13 April 2015
it was therefore necessary for Bibby to urgently secure the Company's records to ensure an orderly collection of the Company's book debts Bibby therefore enforced tts nghts as a floating charge holder, by making an application to the High Court for the Company to be placed into Administration, which was granted on 17 April 2015
Administrators' statement of proposals (2015-06-11) · Companies House register