S W B Enterprises Ltd (10248062): administration
- Status
- Administration ended
- Administration began
- 2022-04-28
- Administrators
- Richard Pinder, Iain David Nairn
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2016-06-23
- Location
- Leeds
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- COVID-19
- Cash flow / liquidity pressure
- Management failings / irregularities
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
From the administrators' statement
3.1 Following the completion of the pre-packaged sale of the Company’s business and assets, the Joint Administrators sent a letter to creditors on 5 May 2022 to provide further information on the sale pursuant to the requirements of the Statement of Insolvency Practice (“SIP”) 16. A copy of the information provided is attached at Appendix M of this report.
3.2 The Joint Administrators would like to draw your attention to Section 2 of the SIP16 report, which provides background information regarding the Company and events leading up to the Joint Administrators' appointment.
3.3 The Company was incorporated on 23 June 2016 and commenced to trade immediately following the transfer of the business and assets of Bamford Signs Ltd (“BSL”) via pre-packaged administration.
Administrators' statement of proposals (2022-07-06) · Companies House register