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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

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

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EP23 LLP (OC359569)

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