Stanton LEA Ltd (11724198): administration
- Status
- Administration ended
- Administration began
- 2024-04-10
- Administrators
- Siann Huntley, Sean Ward
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2018-12-12
- Location
- Bristol
- Industry
- 82990 Other business support service activities n.e.c.
From the administrators' statement
For a summary of the Company’s historical background please refer to paragraphs 3.6 to 3.14 of the Joint Administrators’ Statement of Insolvency Practice 16 (“SIP 16”) disclosure which is attached at Appendix K.
As a result of the Company’s financial position, Leonard Curtis were formally instructed by the director on 01 February 2024 to assist with placing the Company into administration. It was determined that initiating a suitable accelerated marketing process to explore the possibility of selling all of part of the Company’s business and assets through a pre-packaged sale was the most appropriate course of action in order to maximise potential realisations for creditors.
Following a period of marketing and discussions with interested parties (see Appendix K for full details) a Notice of Intention to Appoint an Administrator to the Company was subsequently filed in the High Court of Justice, Bristol District Registry, on 21 March 2024. This was duly served upon Ultimate Finance as the qualifying floating charge holder and provided a statutory moratorium which afforded protection from creditor action whilst steps were taken to secure a sale of the Company’s business and assets.
Administrators' statement of proposals (2024-04-22) · Companies House register