# Slaters of Ruthin Limited (00640681)

> Why UK company 00640681 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00640681

- **Status:** Administration ended
- **Administration began:** 2018-03-15
- **Administrators:** Paul Nicholas Dumbell, David John Standish
- **Administrators' firm:** KPMG
- **Incorporated:** 1959-10-28
- **Location:** Manchester
- **Industry:** 45111 Sale of new cars and light motor vehicles

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

3.1 Background information The Company was incorporated on 28 October 1959 and operated as a family run car dealership selling Citroen vehicles from a site in Abergele.

The Company had no employees as any members of staff working at the Abergele site were employed by SOAL.

Due to the financial pasition of SOAL, and the intercompany balance due to SOAL and the Company's dependency on SOAL to operate by the Company, as well as a lack of support from the vehicle manufacturer, the Company ceased trading on the appointment of the Joint Administrators.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00640681/filing-history/MzIwNTc2NTE1MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00640681

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.