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Brew & Bottle Limited (11194906): administration

Status
Administration ended
Administration began
2021-02-17
Administrators
Jeremy Nigel Ian Woodside, Gary Bell
Administrators' firm
Quantuma
Incorporated
2018-02-08
Location
Manchester
Industry
11050 Manufacture of beer

From the administrators' statement

3.1 Towards the end of 2020, there was a fall out across the management of the Company and BIL as a result of strategic discussions, the Company’s financial position and the continuity of certain members of the management team.

3.2 In January 2021, the Company approached JMW to obtain advice in relation to the management fallout and the solvency of the business. JMW subsequently referred the Company to Jeremy Woodside of Quantuma on 13 January 2021.

3.3. Across a number of meetings in January 2021 it was concluded that the Company was insolvent in accordance with s.123 of the Insolvency Act 1986 on the basis that the Company could not pay its debts as they fell due and the directors engaged Quantuma on 4 February 2021 to take steps to place the Company into Administration.

Administrators' statement of proposals (2021-03-24) · Companies House register

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Brew & Bottle Limited (11194906)

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