Slim Holdings Limited (02284712): administration
- Status
- Administration ended
- Administration began
- 2020-12-22
- Administrators
- Timothy John Edward Dolder, Trevor John Binyon
- Administrators' firm
- Opus Restructuring
- Incorporated
- 1988-08-05
- Location
- Milton Keynes
- Industry
- 70100 Activities of head offices
Why it went into administration
- Property / lease costs
From the administrators' statement
3.1 Leading up to the Directors’ introduction to the Administrators, the Company’s current rent arrears totalled £374,431 spanning the first three quarters of 2020. The Company did not have forecast revenue to meet the current rent arrears nor future cash flows to meet future lease obligations, which in total were estimated at £3,442,556. The combination of both rent arrears and future lease obligations, of themselves, rendered the Company insolvent being unable to meet its obligations as and when they fall due. 3.2
3.3
3.4
Administrators' statement of proposals (2021-01-13) · Companies House register