Laidlaw Limited (09922468): administration
- Status
- Administration ended
- Administration began
- 2020-01-16
- Administrators
- Allan Watson Graham, Matthew Ingram
- Administrators' firm
- Kroll
- Formerly
- Ensco 1163 Limited
- Incorporated
- 2015-12-18
- Location
- Birmingham
- Industry
- 46150 Agents involved in the sale of furniture, household goods, hardware and ironmongery
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Property / lease costs
- Parent or group failure
- Competition / price pressure
From the administrators' statement
The Joint Administrators were appointed on 17 January 2020 by the Directors of the Company in the High Courts of Justice, Business & Property Courts. Insolvency and Companies List (ChD) in Birmingham, case number 000238 of 2020. The appointment was made in accordance with Paragraph 22 of Schedule B1 of the Act.
The functions of the Joint Administrators may be exercised by any of the Joint Administrators.
Tnis report is the statutory statement of Proposals of the Joint Administrators. It sets out the circumstances leading up to the appointment and their strategy for achieving the purpose of the Administration
Administrators' statement of proposals (2020-04-14) · Companies House register