# Sterling Financial Print Limited (02273286)

> Why UK company 02273286 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02273286

- **Status:** Administration ended
- **Administration began:** 2023-04-21
- **Administrators:** Andrew James Pear, Milan Vuceljic
- **Administrators' firm:** Moorfields
- **Incorporated:** 1988-07-01
- **Location:** London
- **Industry:** 18129 Printing n.e.c.

## Why it went into administration

- COVID-19
- Sustained trading losses
- Cash flow / liquidity pressure

## From the administrators' statement

Background to the Company

The Company was incorporated on 1 July 1988 for the purpose of providing specialist printing of corporate documentation in the finance sector. The Company employed 27 staff, previously trading from 14-16 Dowgate Hill, London, EC4R 2SU, albeit they vacated the premises following the Covid-19 Pandemic and expiry of the lease in January 2021. The Company subsequently operated fully remotely.

The Company achieved consistent turnover of c.£4m in the prior three years, however, during FY23, turnover reduced significantly to £1.8m as a result of the economic 2.2

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02273286/filing-history/MzM4MzI3Mzc1N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02273286

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