Jeffrey Davies and Davies Limited (02033383): administration and why it failed

Jeffrey Davies and Davies Limited (02033383): administration

Status: Administration ended
Administration began: 2011-08-11
Administrators' firm: Baker Tilly Restructuring and Recovery
Formerly: Nevrus (305) Limited
Incorporated: 1986-07-02
Location: London
Industry: 5139

Why it went into administration

Cash flow / liquidity pressure
Bad debts / customer insolvency
Sustained trading losses
Credit insurance / supplier credit withdrawn

From the administrators' statement

Relevant extracts from the company’s audited financial statements and management accounts are summarised below.

In respect of DDH:

FEXED ASSETS Tangible Assets Investments

Administrators' statement of proposals (2011-10-10) · Companies House register

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Jeffrey Davies and Davies Limited (02033383): administration

Why it went into administration

From the administrators' statement

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Jeffrey Davies and Davies Limited (02033383)