Colburn Business Solutions Ltd (09233724): administration
- Status
- Administration ended
- Administration began
- 2015-12-21
- Administrators
- Peter James Anderson, Alan David Fallows
- Administrators' firm
- Kay Johnson Gee Corporate Recovery
- Formerly
- CCL Business North Limited
- Incorporated
- 2014-09-24
- Location
- Manchester
- Industry
- 70229 Management consultancy activities other than financial management
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company acts as an independent broker for 3 Asset Based Lenders ("ABL") The Company was incorporated in the name of CCL Business North Ltd in September 2014 The name of the Company was changed on 31 March 2015 to Colburn Business Solutions Ltd
CCL Finance Ltd, ("CCL") a company under common control, went into Compulsory Liquidation in November 2014, following a winding up petition presented by HMRC The Liquidator of CCL sought to realise commission payments claimed by the Company These claims were disputed by the Director as no formal agreement was in place to determine where such commissions should be paid
As of a result of the liquidation of CCL, the Director believes that a right of action exists against the Liquidator for damages to his reputation that resulted in an inability to trade following the Liquidators enquiries as the ABL's were unwilling to continue to deal with the Director
Administrators' statement of proposals (2016-02-16) · Companies House register