Pera Technology Solutions Limited (10044541): administration
- Status
- Administration ended
- Administration began
- 2016-09-27
- Administrators
- Matthew Ingram, Steven Muncaster
- Administrators' firm
- Kroll
- Incorporated
- 2016-03-04
- Location
- Manchester
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Bad debts / customer insolvency
- Regulatory change or action
- Sustained trading losses
- Brexit
- Property / lease costs
From the administrators' statement
Statutory information on the Company and a summary of Its financial history ts included at Appendix 1
The Company was incorporated on 4 March 2016 and commenced to trade shortly thereafter The business of the Company was formed as part of the MBO of PRAT and PTL that was completed in April 2016
Gary Corbett and Darren Brookes of Milner Boardman were appointed as Joint Administrators of both PRAT and PTL on 11 April 2016 and immediately sought a buyer for the two separately identifiable businesses
Administrators' statement of proposals (2016-11-29) · Companies House register