Orient Worldwide (Shipping) Limited (02632113): administration and why it failed

Orient Worldwide (Shipping) Limited (02632113): administration

Status: Administration ended
Administration began: 2017-12-29
Administrators' firm: PwC
Incorporated: 1991-07-24
Location: Colchester
Industry: 52219 Other service activities incidental to land transportation, n.e.c.

Why it went into administration

HMRC / tax arrears

From the administrators' statement

3.1

In December 2017 c£675k, was due to HMRC, under the duty Deferment Scheme; the Company was unable to meet this payment. Asa result of this the Company had its deferment status withdrawn, which had a significant impact on trading. 3.2

3.3

Administrators' statement of proposals (2018-03-07) · Companies House register

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