Gwlawyer Limited (11173746): administration
- Status
- Administration ended
- Administration began
- 2023-02-20
- Administrators
- Andrew Lawrence Hosking, Sean Bucknall
- Administrators' firm
- Quantuma
- Incorporated
- 2018-01-29
- Location
- Brighton
- Industry
- 69102 Solicitors
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
3.1 The directors advised that the Company had become insolvent due to the following factors:-
3.2 Increased overhead costs, particularly in respect of its Professional Indemnity Insurance, which has increased as a result of its claim’s history.
3.3 The Company had accrued significant liabilities to HMRC over the Covid-19 pandemic and had sought to restructure these by way of a Time to Pay Arrangement (“TTP”). Despite ongoing discussions with HMRC, a suitable TTP could not be agreed with HMRC and as a result, HMRC was intending to move to enforcement and issue a petition to place the Company into Liquidation.
Administrators' statement of proposals (2023-03-24) · Companies House register