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100Lemons Company Limited (14606106): administration

Status
In administration
Administration began
2025-06-30
Administrators
Charles Hamilton Turner, Bradley Parrott
Administrators' firm
Opus Restructuring
Incorporated
2023-01-20
Location
Milton Keynes
Industry
47721 Retail sale of footwear in specialised stores

From the administrators' statement

Opus Restructuring LLP (“Opus”) was initially approached on 13 January 2025 by the Company’s sole Director and shareholder, Laura Skackauskiene, and Tomas Savicius, who at the time was believed to be a 50% shareholder, along with the Company’s accountant, Peter Leshinsky and one other colleague of Liberty Financial Chartered Accountants, to help advise on the options available for the Company, as it was deemed to be insolvent.

Subsequently, this then led to the formal instruction of Charles Turner and Trevor Binyon to act as the proposed Joint Administrators on 8 February 2025, by way of a signed Letter of Engagement (“LoE”). Opus had minimal involvement with the Company in the interim period between the contact with the Director, and the issuing and signing of the LoE. This involved sporadic calls and emails relating to various Company matters. By and large, Opus have remained at arm’s length until the LoE was signed.

Opus reissued their engagement letter on 6 May 2025 due to the 3-month period that had elapsed, proposing for Bradley Parrott to be the second Joint Administrator in place of Trevor Binyon. The updated engagement letter was issued to the Director on 6 May 2025 and was signed on 11 May 2025.

Administrators' statement of proposals (2025-08-01) · Companies House register

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100Lemons Company Limited (14606106)

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