Victor Holdings Limited (11783692): administration
- Status
- Administration ended
- Administration began
- 2019-10-14
- Administrators' firm
- BDO
- Incorporated
- 2019-01-23
- Location
- Liverpool
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Sustained trading losses
From the administrators' statement
The Company was incorporated in January 2019 to purchase the business and certain assets of Tyres on the Drive Limited from an insolvency process. The transaction was completed immediately following the appointment of Grant Thornton UK LLP as administrators of Tyres on the Drive Limited (‘TOTD’) on 30 January 2019 for total consideration of £200,000.
The Company provided a mobile tyre fitting service performed at the location of the customer, which was operated via an online trading platform through
www. tyresonthedrive.com. The Company had atso partnered with Halfords Group plc (‘Halfords’) to provide white labetled mobile services to Halfords’ customers. At the date of administration, the Company had 156 employees.
Administrators' statement of proposals (2019-10-28) · Companies House register