Cfec Limited (13478545): administration
- Status
- Administration ended
- Administration began
- 2024-08-21
- Administrators
- Christopher Newell, Nicholas Simmonds
- Administrators' firm
- Quantuma
- Formerly
- C&O Entertainment Limited
- Incorporated
- 2021-06-25
- Location
- Herts
- Industry
- 93210 Activities of amusement parks and theme parks
From the administrators' statement
Nicholas Simmonds of Quantuma Advisory Limited was first approached by the director, Gregor Charles William Macrae on 2 August 2024 to provide advice on the options available for the Company.
Following a review of the financial position together with initial discussions with Mr Macrae it was established that the Company was insolvent on both a balance sheet basis and on a cash flow basis, as the Company could not pay its debts as and when they fell due. It was subsequently decided that’steps should be taken to place the Company into Administration.
Nicholas Simmonds of Quantuma Advisory Limited, proposed Administrator issued a formal letter of engagement to the Company’s Director, Mr Macrae on 16 August 2024. It was signed and returned on the same date by Mr Mcrae and Mrs Lubov (“the Directors”).
Administrators' statement of proposals (2024-10-22) · Companies House register