O2R Ltd (13013800): administration
- Status
- Administration ended
- Administration began
- 2023-11-02
- Administrators' firm
- Quantuma
- Incorporated
- 2020-11-12
- Location
- Watford
- Industry
- 46900 Non-specialised wholesale trade
From the administrators' statement
According to the Applicant of the Administration Order, the Company owed. several debts to creditors including the Applicant, in relation to the refurbishment and fit out of the trading premises.
According to the Applicant, despite several requests for payment of outstanding invoices, no payments were forthcoming and the Applicant instructed solicitors to serve a demand on the Company for repayment of the sums owed to the Applicant by the Company pursuant to Schedule 10 of The Corporate Insolvency and Governance Act 2020. Although the above demand was issued, no response was received from the Company and the Applicant proceeded to prepare an application for an Administration Order.
Quantuma Advisory Limited were first approached by the Applicant and their legal team in September 2023. Nicholas Simmonds and Chris Newell of Quantuma Advisory Limited provided their consents to act as administrators of the Company and were appointed on 2 November 2023.
Administrators' statement of proposals (2023-12-31) · Companies House register