Miller Metcalfe Property Services Limited (09615409): administration
- Status
- Administration ended
- Administration began
- 2017-06-12
- Administrators
- John Malcolm Titley, Julien Robert Irving
- Administrators' firm
- Leonard Curtis
- Formerly
- Miller Metcalfe Bolton Limited
- Incorporated
- 2015-06-01
- Location
- Manchester
- Industry
- 68310 Real estate agencies
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Loss of key people
From the administrators' statement
The Miller Metcalfe business has been established for over 100 years, formerly as a traditional high street estate agency, operating within the Bolton post code area only. From the early 1980s until 2005 the business traded as Miller Metcalfe Kirkpatrick Limited (“Kirkpatrick”) employing 20-25 staff from one high street location. Tumover during that period fluctuated between c£600k and c£1m per annum.
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Administrators' statement of proposals (2017-09-05) · Companies House register