# Waste Oils Limited (02186947)

> Why UK company 02186947 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02186947

- **Status:** Administration ended
- **Administration began:** 2013-09-06
- **Administrators:** Brian Green, Paul Andrew Flint
- **Administrators' firm:** KPMG
- **Incorporated:** 1987-11-02
- **Location:** London
- **Industry:** 46120 Agents involved in the sale of fuels, ores, metals and industrial chemicals

## Why it went into administration

- Funding withdrawn / unable to refinance
- Sustained trading losses
- Weak consumer demand
- Cash flow / liquidity pressure

## From the administrators' statement

The Company was incorporated on 2 November 1987 and became part of the OSS Group in June

The Company did not have any employees, and was a non trading entity of the OSS Group The Group operated from 12 leasehold premises and four freehold premises The Company held one of the leasehold interests, along with title to a freehold property in Knowsley, with the remaining leasehold interests and freehold titles held by other Group companies

3.2 Funding and financial position of the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02186947/filing-history/MzA4ODEzMjAwNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02186947

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