TFC (U.K) Ltd (10080609): administration
- Status
- Administration ended
- Administration began
- 2017-05-15
- Administrators
- Michael Kiely, Peter Kubik
- Administrators' firm
- Begbies Traynor
- Formerly
- Vauxman Limited
- Incorporated
- 2016-03-23
- Location
- London
- Industry
- 70229 Management consultancy activities other than financial management
Why it went into administration
- Supply chain disruption
- Creditor pressure / legal action
From the administrators' statement
3.1 ADL, threatened to issue a Winding Up Petition for the unpaid debt and the directors sort insolvency advice from BT as detailed above in section 2.
3.2. A NOI to appoint the partners at BT was filed on 13 April 2017.
3.2 A first NOI to appoint Michael Kiely and Peter Kubik was filed at Court on 2 May 2017.
Administrators' statement of proposals (2017-07-13) · Companies House register