# Axiom Displays Limited (02191874)

> Why UK company 02191874 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02191874

- **Status:** Administration ended
- **Administration began:** 2018-07-23
- **Incorporated:** 1987-11-11
- **Location:** Northampton
- **Industry:** 31010 Manufacture of office and shop furniture

## Why it went into administration

- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Sustained trading losses

## From the administrators' statement

The principal activity of the Company was the designing and manufacturing and fitting of retail fixtures and store displays. The Company operated principally in the UK and its turnover was mainly attributable to the UK market.

AMS is the sole shareholder of the Company, holding 100 Ordinary shares. The ultimate controlling company is Axiom Pop Limited who own 100% of the shares in AMS. Axiom Pop Limited has operated as a holding company and an investment vehicle.

Prior to the administration, the Company had granted a fixed and floating charge to Bibby Financial Services Limited which was created on 26 February 2016.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02191874/filing-history/MzIxNDEzNTEyOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02191874

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