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Vanguard Number 5 Limited (09387660): administration

Status
Administration ended
Administration began
2016-04-29
Administrators
Michael John Magnay, Daniel James Mark Smith
Administrators' firm
Deloitte
Incorporated
2015-01-14
Location
Birmingham
Industry
68209 Other letting and operating of own or leased real estate

From the administrators' statement

The Company had fallen behind with monthly loan repayments due to Lloyds Banking Group (“LBG” / "the Secured Creditor’), resulting in significant arrears building up tn an unarranged overdraft facility LBG attempted to open dialogue with the director of the Company via email and correspondence sent to the registered office of the Company, requesting a meeting to ascertain the reason, if any, for the loan repayments not being made No response or acknowledgement of LBG’s correspondence was received from the director, and LBG had no choice but to take advice on Its position

Administrators' statement of proposals (2016-06-29) · Companies House register

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Vanguard Number 5 Limited (09387660)

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