# Maestermyn (Hire Cruisers) Limited (01183497)

> Why UK company 01183497 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01183497

- **Status:** Administration ended
- **Administration began:** 2016-12-16
- **Administrators' firm:** Kroll
- **Incorporated:** 1974-09-10
- **Location:** Manchester
- **Industry:** 50300 Inland passenger water transport

## Why it went into administration

- Cash flow / liquidity pressure
- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

Statutory information on the Companies and summaries of their financial history are included at Appendix 1

The Companies were incorporated and commenced trading in 1974 The main business of the Companies was the operation and hire of canal boats

The Companies operated from the freehold premises at Maestermyn Marine in Whittington, Shropshire At the time of commencing to trade, the Companies were operated by the Former Directors

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01183497/filing-history/MzE2OTA1NTI5M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01183497

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