Daytona Bidco Limited (10300424): administration
- Status
- Administration ended
- Administration began
- 2018-09-10
- Administrators
- Mark Granville Firmin, Richard Dixon Fleming, Richard James Beard
- Administrators' firm
- Alvarez & Marsal
- Incorporated
- 2016-07-28
- Location
- Brighton
- Industry
- 64209 Activities of other holding companies n.e.c.
Why it went into administration
- Creditor pressure / legal action
- Management failings / irregularities
From the administrators' statement
DBL was incorporated on 28 July 2016 and its principal activity is that of an intermediate holding company for the JD Classics operating companies.
The Company does not trade and has no employees. The Company holds all the shares in JDCHL as noted in section 2 of this report.
JDCL is the principal operating company in the JD Classics group. It built a reputation for world class craftsmanship and engineering, alongside the trading of classic cars and customer racing activities. It operated from a showroom and restoration facility at Wycke Hill Business Park, Maldon, Essex. It operated from four other facilities in Maldon and leased a showroom in Mayfair, London. JDCL had 63 employees at the date of the Joint Administrators’ appointment.
Administrators' statement of proposals (2018-11-19) · Companies House register