Poplar Farm Retreat Ltd (13201330): administration
- Status
- In administration
- Administration began
- 2023-06-13
- Administrators
- Arabella Ranby-Gorwood, Charles Howard Ranby-Gorwood
- Administrators' firm
- Arabella Ranby-Gorwood of CRG Financial Recovery
- Incorporated
- 2021-02-15
- Location
- Grimsby
- Industry
- 55201 Holiday centres and villages
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided by the Board of Directors ("the Board") of the Company and not from our personal knowledge as Joint Administrators.
Prior to the commencement of the Administration CRG had conversations with some of the directors of the Company, which included a conference call by Arabella Ranby-Gorwood on 23 March 2023 with some of the directors of the Company, but work was also being conducted by secured creditors to determine if they would appoint Joint Administrators or Receivers. Any advice provided to the Board, was mainly as advisors to the Board as a whole, with them acting on behalf of the Company. No advice was given to the individual Directors regarding the impact of the insolvency of the Company on their personal financial affairs, other than where discussion may involve them as creditors. While not formally in office at that time, CRG was still required to act in its dealings with the Company in accordance with the Insolvency Code of Ethics.
A petition for the compulsory winding up of the Company was presented against the Company by a supplier of a park home, and that resulted in HNW Lending Limited being advised by their solicitors to appoint Joint Administrators over the Company.
Administrators' statement of proposals (2023-08-14) · Companies House register