Armatus Risks Holdings Ltd (10110546): administration
- Status
- Administration ended
- Administration began
- 2018-09-24
- Administrators
- Simon John Lowes, David John Oprey
- Administrators' firm
- Insolvency Practitioners of CVR Global
- Incorporated
- 2016-04-07
- Location
- Southampton
- Industry
- 80100 Private security activities
From the administrators' statement
3.1 The Joint Administrators first met Mr R Lawrence, the QFCH, on 11 September 2018 and were formally engaged on 17 September 2018.
3.2 The Company purchased 60% of the shares in Keyguard (U.K) Ltd in June 2017 for the total sum of £315,000 from Mr R Lawrence. This was to be paid via 12 monthly payments of £26,250 and was secured via a debenture over the Company assets and personal guarantees from the Company shareholders. Having only made two payments totalling £52,500, the Company received formal demand from Mr Lawrence in May 2018.
3.3
Administrators' statement of proposals (2018-10-26) · Companies House register