Neat Legal Services Ltd (10269961): administration
- Status
- Administration ended
- Administration began
- 2018-08-03
- Incorporated
- 2016-07-08
- Location
- Matlock
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
From the administrators' statement
Neat Legal Services Limited was incorporated on 8 July 2016 trading from Pacific House Business Centre, Parkhouse, Carlisle CA3 OLJ. The Company was incorporated as a legal practise primarily providing a costings service. Neat Legal Services Limited employs two officers, namely, Anthony Doyie and Emma Duncan whom have an equal interest in the business.
Due to the lack of funding at the offset, the company began to factor invoices with Fair Finance. The facility reached the leve) of £800,000 and in November 2017, it became apparent that customers had been paying the Company direct rather than Fair Finance, as a result, the factoring Company terminated the contract. It is the deterioration in the relationship with Fair Finance which has been instrumental to
the current financial position of the Company.
Administrators' statement of proposals (2018-09-28) · Companies House register