EP23 LLP (OC359569): administration
- Status
- Administration ended
- Administration began
- 2023-06-02
- Administrators
- Rehan Ahmed, Jeremy Nigel Ian Woodside
- Administrators' firm
- Quantuma
- Incorporated
- 2010-11-16
- Location
- Manchester
Why it went into administration
- Property / lease costs
From the administrators' statement
3.1 As noted above, attempts to sell the remaining property asset have proven unsuccessful. The LLP has sought to let the remaining parts of the Property, but with only limited success, the bulk of the Property is currently unoccupied.
3.2 At the end of May 2023, the LLP received demand from HM Revenue & Customs for an estimated sum of £420,000 pertaining to arrears of VAT dating back to 2016, which it was unable to pay. As a result, the designated partners sought professional advice as regards the LLP’s financial position. Quantuma Advisory Limited were first approached by the LLP on 28 March 2023 and subsequently were formally instructed by the LLP on 2 June 2023.
3.3
Administrators' statement of proposals (2023-07-24) · Companies House register