Innovative Retail Development Limited (10025293): administration and why it failed

Innovative Retail Development Limited (10025293): administration

Status: Administration ended
Administration began: 2024-08-07
Administrators: Kelly Mitchell, Richard Wragg
Administrators' firm: Quantuma
Incorporated: 2016-02-25
Location: Southampton
Industry: 68209 Other letting and operating of own or leased real estate

From the administrators' statement

3.1

Quantuma Advisory Limited were approached by Select Invoice Finance Limited, a Secured

Creditor of the Company, on 5 August 2024 to discuss their liability and the Company’s financial position. This culminated in the appointment of Administrators on 7 August 2024.

Administrators' statement of proposals (2024-09-26) · Companies House register

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Innovative Retail Development Limited (10025293): administration

From the administrators' statement

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Innovative Retail Development Limited (10025293)