ICSM Credit News December 2019

ICSM News DECEMBER 2019

Issue 02

Magaz ine

2019: Blood bath of the retailers

ICSM Credit’s Ian Carrotte reports on the largest spike in insolvencies since the Credit Crunch

Plus news and features on insolvencies, liquidations and company collapses across British industry from ICSM Credit

Contents

Recessions: I’ve seen a few. Is this one?

Welcome 03

Ian Carrotte of ICSM Credit

FEATURE 04

Pre-packs ‘rip off’ creditors as scheme gets bad press

Bringing you tidings of great, er... gloom!

feature 05

Since the 1970s I have seen at least four recessions. Each one was different and each one hit different sections of the British economy. Those with long memories will recall the high inflation that accompanied the downturn in the mid and late 1970s when inflation hit double figures along with interest rates.

That wasn’t on the menu - the rise in hospitality liquidations

FEATURE 06

Paul Carrotte on the vanishing business owner problem

FEATURE 07

Ian Carrotte reports on the 2019 retail blood bath

LISTING 08

Who has bit the dust this month in Runners and Riders

Another big name in the High Street has hit the headlines for the wrong reasons

The 1980-81 recession saw a great toll of our manufacturing industries while the one a decade later included Black Friday and high interest rates that saw homes repossessed on an industrial scale. Fast forward to the credit crunch of 2008 and this time it was the consumer and manufacturing that was hit in a twin slump that lasted five quarters - set off by the sub-prime mortgage scandal in the USA. Now we have another spike in insolvencies. Will it be a recession? Who knows - but the current uncertainty triggered by the political situation isn’t helping. You can see by the variety of firms going to the wall in our Runners and Riders section that pretty much every section of business is being hit.

In this issue we chart some aspects of the current wave of liquidations, plus we take a look at the mystery of vanishing business owners with Paul Carrotte and as always we draw your attention to our free Micro Debt Recovery Service.

The haulage industry has also been hit with closures and liquidations

There’s much more besides on our website with links to some the biggest stories this autumn - don’t forget to follow us on Twitter and FaceBook - as well as our YouTube channel with the latest videos from ICSM Credit.

Best wishes Ian Carrotte Managing Director of ICSM To sign up for our newsletters visit https://www. icsmcredit.com/newsletters.htm 2

ICSM News

ICSM News

3

Why all pre-packs should be scrutinised as creditors are ‘ripped off’

They are a great idea to save ailing firms and jobs but they are being abused says Harry Mottram. The business secretary in the next government needs to ensure all pre-packs are scrutinised by the Pool Odessa print should have been referred to the PrePack Pool but they didn’t want the scrutiny a former director of the Pool has told ICSM Credit. Stuart Hopewell said the Biggin Hill company was a case in point where the Pre-Pack Pool should have looked at the deal made with the administrator and buyers but couldn’t as the Pool does not have any powers to enforce scrutiny.

He said: “At the moment it is up to the creditors of an insolvent company to take a view. It is very frustrating when this happens because if a firm is referred to the Pool then it increases confidence with a pre-pack and it is seen as more legitimate.”

Pre-packs have come under sustained fire from the media, politicians, pension schemes and creditors for the way in which they have been seen to have legitimised phoenix firms who dump their debt and restart under a slightly different name having bought the assets from the administrators.

Ian Carrotte of ICSM Credit said: “Odessa called in the administrators on October 18th this year following trading difficulties. However, a new business called Odessa Global Limited was incorporated at Companies House on October 1st, while Odessa Print Group continued to trade.

Events like this can give pre-packs a bad name. All pre-packs should be scrutinised so as to ensure transparency.”

The Pre-Pack Pool was formed to scrutinise firms that go into administration and seek a rescue or a 4

buyer with a pre-pack deal. However it is only an option to refer a pre-pack to the Pool as there is no compulsion with only a quarter of pre-packs referred in this way according to The Times newspaper. The Pool is made up of industry insolvency experts who can rule whether a pre-pack is reasonable or not. The idea is to try to save jobs and a business that has got into trouble by arranging for the firm to survive and continue trading while retaining the loyalty of suppliers and customers. The main issue is if the collapsed firm is bought by all or some of the previous directors then it is seen as little more than a phoenix. The staff will have lost wages, creditors will have lost much if not all of their cash and the owners can absolve themselves of their responsibilities. And then there’s the matter of the firm’s former pension scheme.

The Financial Times investigated a number of firms using pre-packs over their treatment of their own pension schemes last year by looking at 148 pre-packs. They estimated the procedure allowed collapsed firms to offload £3.8bn onto the Government’s and the tax payer funded pension protection scheme. The newspaper

quoted Prem Sikka, a professor of accounting at Essex University, as saying: “Company directors can walk away from legal obligations to fund pension schemes with the full knowledge that Pension Protection Fund (PPF) will step in.

Pre-pack insolvencies are harming pension schemes and are ripe for major reforms.”

Meanwhile Stuart Hopewell said it was up to the Government to decide whether to make all pre-packs subject to compulsory scrutiny - but as he pointed out there’s the small matter of a General Election and a potential change of Government and business secretary.

That wasn’t on the menu: surge in restaurant closures Ian Carrotte reports on a rise in hospitality casualties Restaurants have been closing at the rate of more than 15 a week this year as the public tighten their belts and habits change.

It’s led to a 25% rise in restaurant insolvencies year on year as the likes of Jamie Oliver’s Italian and Gaucho hit the rocks. And if they don’t go out of business then restaurant chains in particular are closing large numbers of their less popular outlets to try and cut their losses.

What do you think? ICSM Credit welcomes your views – email harry. mottram@icsmcredit.com

Julie Palmer, partner at Begbies Traynor Begbies, said that it’s not just belt tightening that is hitting the casual dining sector.

For details about ICSM Credit call 0844 854 1850 or visit the website www.icsmcredit.com or email Ian at Ian.carrotte@icsmcredit.com on how to subscribe and to join the UK’s credit intelligence network to avoid bad debts and late payers. Follow ICSM Credit on FaceBook, Twitter and YouTube and Ian Carrotte on LinkedIn.

She said: “A tightening of consumer’s belts has not helped as disposable income has decreased, while the rise of courier services such as Uber Eats and Just Eat is giving cheaper, more convenient options delivered straight to the door.”

To keep up to date subscribe to the FREE ICSM Credit Newsletter to hear all the latest insolvency news and to see who has gone out of business click on the orange panel on the top left of the home page of the website www.icsmcredit.com or send an email to Ian.carrotte@icsmcredit.com ICSM News

Sophie Witts writing in Big Hospitality said in London landlords are increasingly nervous about offering long leases to restaurants due to the number of closures. She also highlighted the rise of the pop-up restaurant and an increasing number of so-called street food vendors as ICSM News

tastes and habits changed.

According to the Daily Mirror this time last year two eateries were closing each week but now the figure is 15 and rising with Prezzo closing 94 outlets in March and Chimichanga axing 33 restaurants with the loss of 500 jobs. Carluccio’s shut 34 of its restaurants following a CVA while Eat closed ten of its outlets although it did open a new one at Madrid airport. And it should be stressed there are new start ups each week such as True North Restaurant at Dean Clough Mills in Halifax and Tokii in Marylebone in London this month Around 1,400 restaurants became insolvent in the UK in the last financial year and it’s not just the big chains who are suffering with the independents hit as well. It suggests a major shake-up in the industry is underway caused by economic uncertainty, changing habits and saturation. Accountants Hacker Young pointed to: ‘The Brexit related blow to consumer spending and a rise in raw material costs.’

A large number of restaurants and those in the hospitality industry are

members of ICSM Credit which helps to protect them from collapsing firms said Ian Carrotte. He added: “We get news of problems from suppliers in the hospitality business who pass on credit intelligence about firms in trouble. It’s often the largest chains in hospitality that cause problems as people believe that because they are a famous name they are safe. That is clearly not the case in any industry which is why credit intelligence is vital.”

For details about ICSM Credit call 0844 854 1850 or visit the website www.icsmcredit.com or email Ian at Ian.carrotte@icsmcredit.com on how to subscribe and to join the UK’s credit intelligence network to avoid bad debts and late payers. Follow ICSM Credit on FaceBook, Twitter and YouTube and Ian Carrotte on LinkedIn. To keep up to date subscribe to the FREE ICSM Credit Newsletter to hear all the latest insolvency news and to see who has gone out of business click on the orange panel on the top left of the ‘About Us’ page of the website www.icsmcredit.com or send an email to Ian.carrotte@icsmcredit. com 5

Mystery of the disappearing owners of businesses that owe money to creditors A new trend has emerged reports Paul Carrotte. It’s the case of business owners who simply go AWOL meaning it’s hard to track them down and get paid When a sole trader decides to retire they will let their customers know, pay off their creditors, settle outstanding tax bills and dissolve the business in an orderly manner contacting Companies House to strike it off. That’s assuming they don’t sell it or hand it over to someone else to run.

Blood bath of the retailers as the High Street takes a hit

2019 has been a year when big names fell reports Ian Carrotte

ICSM Credit have identified a new breed of dodgy business owner – the ones that simply walk away from their liabilities without explanation.

Paul Carrotte (pictured) of ICSM credit said he had come across an increasing number of cases where the owner of an ailing firm who was heavily in debt simply disappears.

He said: “They don’t reply to emails or phone calls. They vacate their place of business and leave no forwarding address leaving creditors high and dry. When creditors make enquiries at companies house in some cases they find the company has applied to be struck off. If they owe money that is illegal – and creditors can object to a firm attempting to dissolve itself.”

Companies House states that a company may not make an application for voluntary strike off if, at any time in the last 3 months, it has traded or otherwise carried on business; changed its name; engaged in any other activity except one which is necessary for the purpose of making an application for strike off or deciding whether to do so (for example, seeking professional advice on the application or paying the filing fee for the strike off application); concluding the affairs of the company, such as settling 6

trading or business debts; complying with any statutory requirement; made a disposal for value of property or rights that, immediately before ceasing to trade or otherwise carry on business, it held for the purpose of disposal for gain in the normal course of trading or otherwise carrying on business A company cannot apply to be struck off if it is the subject, or proposed subject, of: any insolvency proceedings such as liquidation, including where a petition has been presented but has not yet been dealt with; a section 895 scheme (that is a compromise or arrangement between a company and its creditors or members) Any interested party can object to a company’s application to be struck off the register and dissolved.

An objection can only be considered by the registrar once notification has been published in the Gazette showing the registrar’s intention to strike the company off the register at the expiration of 2 months. It is important to send any objection to the registrar at the earliest opportunity after publication of the

Gazette notice and at least two weeks prior to the notice expiry date.

For details about ICSM Credit call 0844 854 1850 or visit the website www.icsmcredit.com or email Ian at Ian.carrotte@icsmcredit.com on how to subscribe and to join the UK’s credit intelligence network to avoid bad debts and late payers. Follow ICSM Credit on FaceBook, Twitter and YouTube and Ian Carrotte on LinkedIn. To keep up to date subscribe to the FREE ICSM Credit Newsletter to hear all the latest insolvency news and to see who has gone out of business click on the orange panel on the top left of the home page of the website www.icsmcredit.com or send an email to Ian.carrotte@icsmcredit.com If you haven’t used ICSM Credit’s debt collecting service then contact Paul Carrotte if you have a problem payer and get your money back legally and professionally.

Call Paul Carrotte on 0844 854 1850 or visit the website www.icsmcredit. com or email Paul at paul.carrotte@ icsmcredit.com ICSM News

largest decrease in volumes with 50 fewer cases compared with Q2 2019 (a 1.9 per cent decrease). The wholesale and retail trade, repair of vehicles industrial grouping also saw a significant number of cases, with a total of 2,409 underlying company insolvencies.

With so many big names going under it comes as no surprise that 2019 is shaping up to be the worst for business failures since the Credit Crunch.

The Government’s Insolvency Service reports that the number of firms going into administration in Q3 is the highest since 2014 although compulsory liquidations are down on two years ago.

The service said: “The seasonally adjusted figures show that there were 4,355 total underlying company insolvencies in Q2 2019 - a 0.4 per cent increase from Q2 2019. When compared to the same quarter last year, this was an increase of 1.6 per cent and the highest underlying level of insolvencies in any quarter since Q1 2014.”

There were 484 administrations in total which is is 20% higher than Q2 2019 and the highest quarterly level since Q1 2014. The liquidation rate remains low, with 1 in every 239 companies liquidated in the 12 months ending Q3 2019 and this was slightly down from 1 in 237 companies in Q2 2019.

One trend noted by ICSM Credit’s Paul Carrotte are firms who used to go into voluntary liquidation (usually through the owner retiring or deciding ICSM News

to call it a day) has fallen. He said: “We have seen instances of companies effectively stopping business and doing nothing. They have creditors chasing them for payment, but they attempt to avoid paying up and by changing addresses or moving away hope to dump their responsibilities.”

The construction industry has been the worst hit by business failures this year with the highest number of new underlying company insolvencies with 3,106 Next is the accommodation and food services industry group that saw the largest increase in underlying insolvency volumes with 39 extra cases (a 1.7% increase).

And the Insolvency Service said the administrative and support services grouping saw 2,585 underlying company insolvencies in Q3 2019, however the group also saw the

Ian Carrotte of ICSM Credit said this was a worrying time for industry. He said: “The best safeguard is to join ICSM Credit and get up to date credit information, run credit checks on potential and existing clients and so not get caught out. Being left a big debt by a collapsed customer can bring a small firm down and seriously damage a larger one.”

In Scotland insolvencies were also up, and by a higher percentage than south of the border but one piece of good news was Northern Ireland saw a substantial drop in the number of firms going to the wall this year.

Follow ICSM Credit on FaceBook, Twitter and YouTube and Ian Carrotte on LinkedIn.To keep up to date subscribe to the FREE ICSM Credit Newsletter to hear all the latest insolvency news and to see who has gone out of business click on the orange panel on the top left of the home page of the website www. icsmcredit.com or send at email to Ian. carrotte@icsmcredit.com 7

Runners and Riders continued 43746

AC Taverns Crewe Ltd 43788

HR Roofing and Construction Limited 43746

Agentis Solutions Limited 43776

HG Property Company (Yorkshire) Limited 43753

Who has hit the buffers in the last few weeks in our Runners and Riders

Framework Design and Construction Limited 43748

Inside Out Construction & Landscaping Limited 43777

Amba Marketing (UK) Limited 43781

Generator Productions Limited 43748

Anzeck Packaging Limited 43782

Quinns Belfast (2009) Limited NI072069

G.B.G. Construction Limited 43753

APS Motorsports Limited 43787

Kear Construction Limited 43746

GPN Builders Limited 43768

Astral Construction Limited 43787

Kirkby Homes (Sunningdale) Limited 43755

Assured Container Services Limited 43782

Gunns International Transport and Shipping Limited 43753

Koolfood Packers Limited 43777

Arc Frames Limited 43780

Kwood Construction Limited 43753

Hart Family Bars Limited 43781

AV Cargo Airlines Limited 43753

La Crepe of Hoxton Limited 43777

Hart Family Brewers Limited 43781

Ark Shopfitters Limited 43767

Limo 1 Limited 43746

AW Prospects Limited 43776

HG Property Company (Yorkshire) Limited 43768

Baker Group Distribution Limited 43782

Adley Media Limited 43777

Lead Generator (Kent) Limited 43771

Ratcliffe Building & Maintainance Limited 43767

Advay (UK) Limited 43781

Lime Advertising Limited 43767

Alpha State Apparels Limited 43787

Livi Construction Limited 43780

Administrators Appointed

Roadsafe Corporate Group Limited 43770

Astral Construction Limited 43755 Asmec Centres Limited 43780

Sheffield & Ford (Builders) Limited 43755

Bagley’s Pub-Co Limited 43788

Tomlinson’s Dairies Limited 43753

Capel Contracting Limited 43748

Total Doors (UK) Limited 43780

Chop & Wok DAJ Limited 43770

Coldeast Mansion Limited

T R Freeman Limited 43782

CFK Construction Limited 43777

Cotswold Manufacturing Limited 43787

Well Food Europe Limited 43782 Westex Group Limited 43746

Connect Waste Management Limited 43787

Barry Wood Plant Hire Limited 43746 Belmont Garage Limited 43782 Branta Group Limited 43755

Crickets Inns Limited 43777 Cricketers Inns Yorkshire Limited 43777 Dunn Motor Traction Limited 43768 Forever21 (UK) Limited 43746 Good Egg Restaurants Limited 43770 Ideal Residential SPV Limited 43746

Administrators Meetings Para 51 Help Me Park Gatwick Limited 43780 Higgins Agriculture Limited 43780 Passion For Property Limited 43748 Park First Freeholds Limited 43780

Brady Contracting Limited 43748

Crowther Construction Limited 43768 Dave Kirby Couriers (2018) Limited 43748 EAG Hospitality Limited 43787 Emerald Office Solutions Limited 43777

Gunns Logistics Limited 43788

Hand Pub Company Limited 43767

Branch Inns Limited 43768

Harrison Varma Construction Limited 43767

Lord Line Campus Limited 43782

Benko Construction Limited 43755

Harris Sign Group Limited 43776

Manor Developments Co-Op Limited 43782

Bluefrog Media Limited 43746

Heartlands Marble Limited 43780

Big Pitcher Limited 43748

Helm Construction Limited 43780

Maylands Motors Limited 43782

Boeing On Stage Limited 43767

Mjolnir Holdings Limited 43748

Cabbage Plant Limited 43753

Hestia Property Developments Limited 43782

Obep Media Limited 43767 Pizzabulls UK Limited 43777

Camelot Property & Guardian Management Limited 43780

Preston Loft And Gas Installers Ltd 43777

CC Logistical Services ltd 43755 Child & Child Limited 43776

RSM Freight & Logistics Limited 43767

China Lane Developments Ltd 43781

RB Imaging Limited 43768

City View Projects Limited 43781

Rutland Communications Limited 4374

CLM.International.24/7.Contract.Driver.

Hire. Limited 43755

Road Wise Traffic Management Limited 43755

D Brain Builders Limited 43782

F.l. Build Limited 43748

A M Motors (NE) Limited 43748

Limited 43767

Anchor Bay Construction Products Limited 43781

Allard CNC Limited 43746

Furniture Store PVT Limited 43753

IBMG Retail Ltd 43782

Below is a collated list taken from the Government’s London Gazette of businesses in the industry who are experiencing problems in the last few weeks.

Reem Clothing Limited 43770

Alderwood Construction Limited 43788

Forecourt Installation Services Limited 43753

Hexagon Pub Company Limited 43767 High Street Design Limited 43781 High Street Pub Company Limited 43782 Home Furnishings (Wadebridge) Limited 43782 H & T Trailer Hire And Sales Limited 43776 Hudson Haulage (DSG) Limited 43746

Coley Property Limited 43787

Henderson & Redfearn Limited 43748

Shed Design Limited 43770

Construction 360 Ltd 43780

Hepperair Services Limited 43748

Solo Digital Imaging Limited 43788

CRE Joinery Limited 43746 Crowther Construction Limited 43781

House of Fraser (UK & Ireland) Acquisitions Limited 43748

IMP Packaging Limited 43755

Park First Gatwick Rentals Limited 43780

Evolute Construction Services Limited 43755

Stellar Print Media Limited 43776 Style Zero Nine Limited 43767

Cummings Transport Limited 43777

Integrated Construction Limited 43755

Industrial Domestic Electrical Services Limited 43780

Park First Glasgow Rentals Limited 43780

Furniture Vault Limited 43755

Sumhas Cars Limited 43770

Design Shack Interiors Limited 43748

Compulsory Liquidators Appointed s 136

Taste of India (Hereford) Limited 43748

Design Inspired Limited 43782

Interior Design Yorkshire Limited 43780

Knightswood Cadre Limited 43746

Food and Leisure Limited 43748 GFH Logistics Limited 43746

Thai UK Marketing Limited 43787

Deko Comstruction Limited 43776

GH Building Solutions Ltd 43782

International Television & Media Limited 43767

Thornton Light Haulage Limited 43755

Global Associated Aviation Limited 43782

Ivycastle Construction Limited 43781

The Pur-fect Finish (Bookbinders) Limited 43780

Direct Marketing Strategies Limited 43781

Great White Printing Limited 43787

Walker Diecasting (Group) Limited 43767

Direct Media Productions Limited 43781

Key Pubs Limited 43767

Latimer, Trend & Company Limited 00409599

D T Property Investments LLP 43780

Lloyds Industries Limited 43753

Oldgreen Limited 43748

Mamas & Papas (Retail) Limited 43781

SF Developments & Construction Limited 43787

Mothercare UK Limited 00533087 Mothercare Business Services Limited 01416572 Odessa Print Group Limited 01703368 Plant Equipment Limited 43782 Plymouth (Notte Street) Limited Printing Press Services International 8

Woods Building Supplies Limited 43776 Creditors’ Voluntary Liquidation Deemed In Consent Meetings Anderson Wharf (Hull) Limited 43780

Greenbase Groundworks and Construction Ltd 43787

Ultra Building Services Limited 43768

Grey Taverns Limited 43768 Harrison Varma Construction Limited 43755

XLII Ramsbottom Cafe Wine Bar Limited 43782

High Street Design Limited 43755

Liquidators Appointed

Heritage Roofing & Renovation Limited

50 Cycles Limited 43782

ICSM News

ICSM News

Dual Creative Limited 43748 East Coast Building and Maintenance Limited 43748 Entertainment & Media Group Limited 43767 Evesham Events Limited 43746 First Base Freight Limited 43746

Kabalous Hotel Limited 43767 Kirkby Homes (Sunningdale) Limited 43768 Kitchen World (Worcester) Limited 43767 Kitchens Lincoln Limited 43746 KM Building & Construction Limited 43787 9

Runners and Riders continued

Runners and Riders continued

Knuma Design Limited 43782

Offsite Design Services Limited 43770

Trafalgar Publishing Limited 43746

43781

43776

Koolfood Packers Limited 43787

Racecourse Cars Limited 43787

Keysoe Property Limited 43748

Leading Light Media Limited 43746

RDD Couriers Limited 43788

TMC Property Development Limited 43753

Community Property Solutions (Burnley) Limited 43753

Intheshed Designs Limited 43770

Reed Installations Limited 43787

Lanhill Construction Limited 43771

Redway Building Services Limited 43780

Leading Light Media Limited 43746 Light Link Fashion Limited 43781

Rightmatch Media Limited 43782

Kotch Media Limited 43781 Luminart Design Limited 43782

Copec Building Contractors Limited 43746

Lundie Building Contractors Limited 43767

Concept Construction (Hull) Limited 43769

Upad Limited 43776

Malcolm Dyson Stationers Limited 43781

Cope Construction UK Limited 43769

VCH Travel Limited 43777

Manor Barn Designs Limited 43755

The Drunken Dog Limited 43768 Tiger Timber (NW) Limited 43782 Ultimate Design & Construction Limited 43767

Lime Advertising Limited 43782

Richard Heard Building Contractors (Extensions) Limited 43767

Lounge Construction Limited 43767

Right Choice Installations Ltd 43787

VC Homes Limited 43780

Morgan EST Rail Limited 43748

RJS Building Services Limited 43753

Vetech Fleetcare Limited 43782

RK Harris And Sons Retail Limited 43788

Valam Builders Limited 43787

Multipoint Communications Limited 43748

Lynhurst Press Limited 43767 Macello Media Limited 43767 Maguire Construction NW Limited 43748 Manchester Meat Products Limited 43748 M&S Haulage Limited 43787 Max Media International Limited 43777 MH Building & Developments Limited 43753 Mckinlay Electrical Limited 43746 Milnov Construction Limited 43755

R&W Properties Limited 43777 R.G Machinery Sales Limited 43787 SDT Pubs Limited 43788 Select Windows and Doors Limited 43788 Shakespeare’s Rose Theatre Limited 43767 Shed Design Limited 43780 Shire Construction Limited 43776 Sphere Pub Company Limited 43767

Norwich Commercial Properties Limited 43768

Grove Construction Limited 43755

Concept Construction (Hull) Limited 43788

WM Printing Solutions Limited 43788

North Wales Flooring Limited 43781

Members Voluntary Liquidations

Patterson Power Engineering Limited 43780

Advent Communications Limited 43748

Pavilion Property Investments Limited 43782

Allstyle Roofing & Building Limited 43746

Pelican Magazines Limited 43782

Arran Cards Funding Limited 43768

Newgate Marketing (Kent) Limited 43771

Space Plus Architects Limited 43753

Arran Cards Holdings Limited 43768

South Coast Construction Limited 43782

Bifrons Estates Limited 43782

Pembrokeshire Bike Shop Company Limited 43748 Pennyfarthing Pub Company Limited 43768

Templegate Builders Ltd 43777 Tenancies Solved Limited 43767 Thanet Metals Limited 43782

Parkin Interiors Limited 43753

The Archway Project Limited 43782

Pizzabulls UK Limited 43787

The Mobility Furniture Company Limited 43780

Premier Home Building Supplies (UK) Limited 43753 Promarine (UK) Limited 43746 Projectline Construction Limited 43768 Property Management (NE) Limited 43746 Property North Services Limited 43788

The Urban Builder Project Ltd 43780 The Chequers Pampisford Limited 43746 The Food Shed CIC 43746 The Red Chamber Restaurant Limited 43776

Boomslang Properties Limited 43768 Brookwood (Woking) Limited 43770 Backbone Furniture Limited 43748 British Bright Bar Limited 43748

Henderson Developments (Yorkshire) Ltd 43780

Euro Property Services (Surrey) Limited 43767

Highton Wiseman Property Limited 43782

EHI (Elite Home Improvements) Limited 43788

J.L. Group Limited 43781

F & T Construction Limited 43788

Merico Financial Limited 43781

Furniture Home Limited 43782

Midland Steel Services Limited 43781

Swallow Street Property Limited 43782

Sahara Hospitality Operations LLP 43746

Mid Builders Limited 43782

JB builders (Fleggburgh) Limited 43768

Midos Transport Limited 43782

Sam Properties (UK) Limited 43776

MM Media Group Limited. 43781

J & C Construction Consultants Limited 43777

Spire property services limited 43746

New London Gifts Limited 43781

Taylor Wimpey (Solihull) Limited 43748 TG Communications Limited 43781

Northern Freight Company Limited 43749

Thomson Regional Newspapers Limited 43753

Online Depot Limited 43781

Peninsula Property Management Limited 43748 Steel Company of Wales Limited (The) 43748

Ocean Marine Partners Limited 43755 Orange Flamingo Limited 43781

Petitions to wind up

Padgetts UK Limited 43782

Capoco Design Limited 43776

Altan Recycling Limited 43782

Castles Estates (Coventry) Limited 43780

A P Building Services (UK) Limited 43755

Pearson Global Constructions Limited 43776

Chase Green Developments Limited 43780

Arrow Distribution Limited 43776

Community Solutions For Emergency Services Limited 43748

Beaumont Beds Limited 43777

Asian Super Store Limited 43777

Curtis Real Estate Limited 43777

Belleview Property Limited 43777

D&D Property Services Limited 43748

Bakers Scaffolding Limited 13/11/2019

Emily Young Marketing Consultancy Limited 43777

Black Sea Construction Ltd 43782

Exhibition Venues Limited 43746

Build Materials UK LImited 43781

Fenix Packaging Limited 43776 Fluent Marketing Limited 43776

Building Services Design (Cambridge) Limited 43749 Building Services Design (Holdings) Limited 43749 Chesham Convenience Store Limited

Planet Pubs Limited 43767

The Workshop Below Limited 43781

QS Taverns Northwich Limited 43767

Tilehurst Pub Company Limited 43767

Qontrac Construction Limited 43780

Time Critical Logistics Limited 43788

GBR Property Consultants Limited 43748

Office Properties PL Limited 43755

Time Pub Co Ltd 43788

Independent Tyre Retailers Limited ICSM News

Cope Construction UK Limited 43788 Cotton Design Limited 43767

Car Exports Limited 43787

The Academy Hub Limited 43781

10

Global Homes Bournemouth Limited 43787 Hatchard Homes Limited 43755

Capital Storage Limited 43787

Print and Promotional Services Limited 43782

The Gym Works Group Limited 43781

BOK Construction Limited 43776

WMD Design Limited 43753

S. J. Design & Build Limited 43788

Sumhas Cars Limited 43781

Winding up orders

Coda Design Limited 43748

Money Inns Ltd 43788

Park Green Construction Limited 43755

Woodcock Construction Limited 43777

Giants Car Club Limited 43748

Wilmington Construction LLP 43755

Amity Communications Limited 43782

Stuart Currie Building Contractors Limited 43768

Winston Builders Limited 43753

New Mill Estates Limited 43780

Warehouse Inks Limited 43787

Simons Estated Limited 43777

Nuvu Home Improvements Limited 43787

Five Star Tiling Ltd 43783

Vision Container Solutions Limited 43746

Cobbs Property Solutions Limited 43746

MMTL Construction Limited 43755

Sprint Finish (2014) Limited 43782

Elijah Logistics Limited 43777

Truecolour Contractors Limited 43749

Flanagan’s Brasserie Limited 43770

Shield Logistics Limited 43753

North Kent Pub Company Limited 43768

Eaway Logistics Limited 43753

TP 5 Limited 43781

Newglen Properties Limited 43787

Advent Communications Limited 43748

M.J.M. Building Contractors Limited 43781

Dribuild Group Limited 43770

Souvenirs and Gifts London Limited 43781

Bok Construction Limited 43756

ICSM News

Pilkington Homes Oxford Limited 43782 Portfolio Logistics Limited 43776

Oakhill Construction S.E Ltd 43781 PHE Construction Limited 43768 Switched On Electrics & Property Services Ltd 43788 TDI Builders Limited For information on ICSM visit www. icsmcredit.com or call 0844 854 1850.

ICSM, The Exchange, Express Park, Bristol Road, Bridgwater, Somerset TA6 4RR. Tel: 0844 854 1850. www. icsmcredit.com. Ian.carrotte@ icsmcredit.com

Property North Services Limited 43777 PTP Body Repairs Limited 43776 Prelude Engineering and Design Limited 43756 Privilege Homes Limited 43788 RBC Building & Groundworks Limited 43746 Rikamedia Limited 43782 Roundhill Northampton Limited 43782 Salonsave (Hull) Limited 43782 Skippers Tavern (Hull) Limited 43770 11