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J G Walker Limited (09691481): administration

Status
Administration ended
Administration began
2019-07-02
Administrators
Alan John Clark
Administrators' firm
Leonard Curtis
Incorporated
2015-07-17
Location
Ilford
Industry
41100 Development of building projects

Why it went into administration

From the administrators' statement

4.1 Due to the pressure from creditors, the failure of the Group as a whole plus the demand for repayment from the secured creditor, the directors decided the Company should cease to trade and the secured creditor filed an application for the Administration of the Group.

4.2 On 02 July 2019, Alan Clark of Carter Clark was appointed Administrator of the Company following the filing of a Notice of Appointment of Administrators by the Qualifying Floating Chargeholder.

4.3For creditors’ general information, the EU Regulation on insolvency proceedings applies in this case, and these proceedings are the main proceedings. 5. The Purpose of the Administration 5.1 The purpose of an Administration is set out in Schedule B1, Paragraph 3(1) of the Act. In short, this provides that an Administrator of a company must perform his functions with the objective of:

Administrators' statement of proposals (2019-08-15) · Companies House register

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J G Walker Limited (09691481)

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