ACI Financial Limited (10077137): administration
- Status
- Administration ended
- Administration began
- 2019-06-11
- Administrators
- Steven Muncaster, Steven Muncaster
- Administrators' firm
- Kroll
- Incorporated
- 2016-03-22
- Location
- Birmingham
- Industry
- 64921 Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
Why it went into administration
- Cash flow / liquidity pressure
- Property / lease costs
- Rising interest rates
- Competition / price pressure
From the administrators' statement
Statutory information on the Company and a summary of its financial history is included at Appendix 1.
The Company specialised in providing vehicle stock finance facilities to car dealerships.
The Company operated from trading premises at 10b Kibworth Business Park, Nursery Court, Kibworth Harcourt, Leicestershire LE8 OEX.
Administrators' statement of proposals (2019-08-15) · Companies House register