From the administrators' statement

Purnells first met with Mr Andrew Goodwin on 02 August 2018, as he was concerned in respect of the Company’s financial affairs.

The circumstances which lead up to our appointment as Joint Administrators were outlined in our explanatory note in accordance with Statement of Insolvency Practice Number 16 (“SIP 16”) that was circulated to creditors on 06 February 2019 a further copy of which is attached at Appendix 21 to these proposals.

The Proposal - Paragraph 49 2(B8) And Paragraph 3(1) (A) Of Schedule Bl

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