# Davtrend Limited (01502449)

> Why UK company 01502449 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01502449

- **Status:** Administration ended
- **Administration began:** 2018-02-06
- **Incorporated:** 1980-06-17
- **Location:** Whiteley Fareham
- **Industry:** 26110 Manufacture of electronic components

## Why it went into administration

- Sustained trading losses
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Loss-making contracts / project overruns

## From the administrators' statement

The company designed and manufactured bespoke custom power products from leasehold premises at Unit 7 Fitzherbert Spur, Farlington, Portsmouth, PO6 1TT. The company employed 10 people including the 2 directors.

The company was started in 1980 by David Valentine and David White and traded from premises at 9 Kimbolton Road, Portsmouth, PO3 6DA until 1983 when it moved to a unit at Sanderson Centre, Lees Lane, Gosport. Following an expansion the company purchased it current location in 1988.

In 2001, Jeff Collett was appointed as a director and shareholder on the company, subsequently resigning in March 2007.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01502449/filing-history/MzIwMjk2NzE1NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01502449

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