Richard Hawes and Julia Branson were appointed Joint Administrators of Advanced Interiors Limited and Howard Sandcliffe Investments Limited on 3 May 2011. The affairs, business and property of the Company are managed by the Joint Administrators. The Joint Administrators act as agents of the Company and contract without personal liability.
All Insolvency Practitioners of Deloitte LLP are licensed in the UK.
Advanced Interiors, supplies and fits suspended ceiling, partitions and drylining, to commercial and trade customers across the UK. The company is headquartered in Wokingham with an annual turnover of c.£8million.
A number of loss making contracts resulted in cash flow constraints at the company. The directors entered into a period of consultation with stakeholders with a view to achieving a refinancing of the company. A refinancing deal was not secured and as a result, the directors were unable to continue to trade the business and requested the appointment of Administrators.
Any interested parties should contact the Administrators.
It is the Administrators intention to provide all statutory information to creditors by use of this website in accordance with new legislation introduced by the Insolvency (Amendment) Rules 2010.
All known creditors will be advised each time a new document has been uploaded to the website and the documents will remain on the website for the duration of the administration and for three months after the administration has ended.