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PB Grape Limited (10968472): administration

Status
Administration ended
Administration began
2022-04-04
Administrators
Milan Vuceljic, Michael Stephen Elliot Solomons
Administrators' firm
Moorfields
Formerly
Yellow Rose International Limited
Incorporated
2017-09-18
Location
London
Industry
96090 Other service activities n.e.c.

Why it went into administration

From the administrators' statement

The Company was subject to an investigation by HMRC which subsequently led to freezing orders being sought and granted against the Company. As part of the discussions between the Company and HMRC following the granting of the freezing 2.4

orders, the Director accepted that HMRC were owed substantial sums which meant that the Company was insolvent.

Moorfields were introduced to the Company on 24 March 2022 who then liaised with Mishcon regarding the Company’s insolvency and discussed the process to place the Company into administration. Mishcon made the necessary introductions with the Company’s director for him to engage with the proceedings. Following an initial introduction between Moorfields and the Director, a letter of engagement was issued and Moorfields were formally engaged to assist the Director to place the Company into administration on 30 March 2022.

Administrators' statement of proposals (2022-05-30) · Companies House register

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PB Grape Limited (10968472)

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