# Triwonder Signs Limited (02159540)

> Why UK company 02159540 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02159540

- **Status:** Administration ended
- **Administration began:** 2024-03-14
- **Administrators:** Benjamin John Wiles, Philip Joseph Dakin
- **Administrators' firm:** Kroll
- **Formerly:** Rayface Limited
- **Incorporated:** 1987-08-31
- **Location:** London
- **Industry:** 33110 Repair of fabricated metal products

## Why it went into administration

- HMRC / tax arrears
- COVID-19
- Sustained trading losses
- Competition / price pressure
- Weak consumer demand
- Rising costs / inflation
- Funding withdrawn / unable to refinance

## From the administrators' statement

Statutory information on the Company is included at Appendix 1.

The Company formed part of the Group as follows:

Triwonder Group Limited (HoldCo)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02159540/filing-history/MzQxNTY2MTY5OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02159540

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