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Repair & CAL Limited (10652774): administration

Status
Administration ended
Administration began
2023-04-06
Administrators' firm
Quantuma
Incorporated
2017-03-06
Location
Brighton
Industry
33130 Repair of electronic and optical equipment

Why it went into administration

From the administrators' statement

3.1 Elias Paourou of Quantuma Advisory Limited was first approached by the directors in February 2023, and was subsequently engaged by the Company shortly thereafter.

3.2 The directors were seeking advice on the options available to the Company as HMRC had recently attended the Company’s trading premises in respect of outstanding balances due to it, and the Company was not in a position to settle the arrears.

3.3 Following this advice, the directors considered that a pre-packaged sale conducted immeidately following an Administration represented the best possible outcome for the Company’s creditors.

Administrators' statement of proposals (2023-04-19) · Companies House register

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Repair & CAL Limited (10652774)

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