Ainsdale Prestige Automotive Limited (11260853): administration
- Status
- Administration ended
- Administration began
- 2022-12-06
- Administrators
- Paul Stanley, Jason Dean Greenhalgh
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2018-03-16
- Location
- Liverpool
- Industry
- 45111 Sale of new cars and light motor vehicles
Why it went into administration
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
From the administrators' statement
Ainsdale Prestige Automotive Ltd was incorporated on 16 March 2018.
With over 30 years’ experience, Robert Karawowski traded as a partnership with his brother providing mechanical engineering services. They had a working relationship repairing vehicles for APA Ltd. In March 2020, John Haigh, a former director of the Company sold his 50% shareholdings in the Company to Robert for £50,000.
Robert was appointed managing director. He was also advised the Company was declaring VAT using the margin scheme and that the Company was viable with no creditors. Unknown to Robert, in April 2020 it became apparent the Company had two historic CCJs. Unfortunately, subsequent to this, the Company temporarily lost its customer finance provider as well as their card payment provider. This significantly affected turnover, and Robert had to provide loans to the Company and the CCJs were then able to be satisfied.
Administrators' statement of proposals (2023-01-17) · Companies House register