Arthur Samuel Developments Limited (09297977): administration
- Status
- Administration ended
- Administration began
- 2016-08-03
- Administrators
- Paul Robert Boyle, Thomas Bowes
- Administrators' firm
- Harrisons Business Recovery and Insolvency
- Incorporated
- 2014-11-06
- Location
- Manchester
- Industry
- 41100 Development of building projects
Why it went into administration
- Sustained trading losses
- Cash flow / liquidity pressure
- HMRC / tax arrears
From the administrators' statement
The events surrounding the necessity for the appointment of Administrators are relatively complex In order to provide an understanding, I need to include information concerning other companies under the control of KD, which through their own trading activities and movement of monies between them are intrinsically linked to each other and have contributed to the company failures discussed below.
1.11
1.12
Administrators' statement of proposals (2016-10-04) · Companies House register