# Snowcrest Import & Export Limited (01595261)

> Why UK company 01595261 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01595261

- **Status:** Administration ended
- **Administration began:** 2011-06-23
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 1981-11-03
- **Location:** London
- **Industry:** 5190

## Why it went into administration

- Cash flow / liquidity pressure
- HMRC / tax arrears
- Competition / price pressure

## From the administrators' statement

The Company was an importer and wholesale supplier of aquatic and pet products. It traded under the name of Underworld Products. It also supplied reptile products under the brand of Komodo. It held UK registered trade marks for Underworld, Komodo and a number of other brand names. The Underworld Products business has been trading since 1976.

The Company traded from a freehold property at Units 1 & 3 Beazer Court, Belton Road West, Loughborough, Leicestershire LE11 5TR which it owns. The property is mortgaged to the Bank of Scotland (*BoS"). The Company also leases two nearby properties for the purpose of storing stock

FR ACMsory LLP Is Incorporated in England and Woles under the Limited Licbaty Pormershi Ips Act 2000 08 Limvted obity Porine: Rope'ered eiice, 10 fumWel Greet Landon, Eas IH Akt ol members homes & open fo hspacton of INS ocstes ww ae eery coe Numb|r OC3S5680

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01595261/filing-history/MzA0MjI0ODE3M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01595261

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