Rainbow Legal Services Ltd (09293655): administration
- Status
- Administration ended
- Administration began
- 2018-02-19
- Incorporated
- 2014-11-04
- Location
- Chesterfield
- Industry
- 86900 Other human health activities
Why it went into administration
- Competition / price pressure
From the administrators' statement
The Company was incorporated in November 2014 with the sole aim of obtaining medical reports for solicitors acting in personal injury cases.
The Company's sole director, Katie Elizabeth Silker was also the sole director of Compiete Medical Legal Services Limited (“CMLSL”). CMLSL was placed into administration on 8 September 2015, primarily as a result of a change in legislation.
The Company purchased the business and assets of CMLSL by way of a pre-packaged sale from the administrators with consideration of £81,500 being paid. The main asset was the sales ledger which had a value of some £1.4M.
Administrators' statement of proposals (2018-03-09) · Companies House register