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Evergreen Biotech Group Limited (08928967): administration

Status
Administration ended
Administration began
2014-10-23
Administrators
Stephen John Evans
Administrators' firm
Antony Batty
Formerly
JSM Investments Limited
Incorporated
2014-03-07
Location
London

Why it went into administration

From the administrators' statement

The company Evergreen Biotech Group LTD (“Evergreen”) was formed in September 2012 along with 2 subsidiaries, Biotech Wastewater UK LTD (“BW”) and Evergreen ECO Services (“EES”) LTD both 100% owned

Evergreen purchased the cooling along with Plant & Machinery from Adventurest Technology Limited This equipment would enable the group to manufacture septic tanks and sand pohshing systems along with any bespoke rain water harvesting to clients in Africa, UK and lreland

Evergreen and the subsidiary companies only started to trade in March 2014 and Evergreen did not generate any revenue and relied solely on the two subsidies for sales revenue However, Evergreen acquired ail of the set-up costs to the group and helped fund the on-going cash flow

Administrators' statement of proposals (2014-12-11) · Companies House register

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Evergreen Biotech Group Limited (08928967)

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