Cyclone Courier Company Limited (01882632): administration
- Status
- Administration ended
- Administration began
- 2012-03-22
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1985-02-04
- Location
- Southend on Sea
- Industry
- 6412
Why it went into administration
- HMRC / tax arrears
- Competition / price pressure
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Administrators’ statement of proposals for achieving the purpose of the administration which will be sent to creditors in due course will provide detailed information in relation to the Company However, to assist creditors who may have a limited understanding of the Company and tts affairs to better understand the reasons for the sale, we have provided certain background information at this stage
The Company provided couner and messenger services and passenger cars in the London area The company did not hold any contracts as its services were used on an ad hoc basis by its clients
The Company was incorporated on 4 February 1985 The Company employed 25 full time staff and traded from premises at 27-29 Whitfield Street, London, W1T 2SE Tumover of approximately £3 8 million was achieved in the year ending 30 June 2011
Administrators' statement of proposals (2012-05-23) · Companies House register