Hart & Co Resourcing Limited (08926824): administration
- Status
- Administration ended
- Administration began
- 2017-07-12
- Administrators
- Alex David Cadwallader, Neil A Bennett
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2014-03-06
- Location
- London
- Industry
- 78200 Temporary employment agency activities
Why it went into administration
- HMRC / tax arrears
- Competition / price pressure
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated on 6 March 2014 by Mr John Counsell (“Mr Counsell”). Mr Hart was appointed as director of the Company on 19 June 2014. The Company has not had any other names, either trading or registered, since incorporation.
The Trading Premises were serviced offices, and held under an agreement in the name of Hart Resourcing Limited (“HRL"}, an associated company by the virtue of Mr Hart being a common director and shareholder.
The Company had been funded by way of an invoice discounting agreement with Bibby Financial Services Limited (“Bibby”), and an all assets debenture was provided to Bibby on 4 June 2014 containing both fixed and floating charges over all assets of the Company.
Administrators' statement of proposals (2017-07-27) · Companies House register