# Roadrunner of Hednesford Limited (02639367)

> Why UK company 02639367 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02639367

- **Status:** Administration ended
- **Administration began:** 2013-11-19
- **Administrators:** Mary Ann Currie-Smith, John Anthony Lowe
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Meaujo (103) Limited
- **Incorporated:** 1991-08-20
- **Location:** Leicester
- **Industry:** 45320 Retail trade of motor vehicle parts and accessories

## Why it went into administration

- Weak consumer demand
- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

The Company ts a long established independent motor car spares retailer based out of a small commercial unit in Hednesford, Staffordshire

Since being established in 1991 the Company has until recently proven to be annually profitable and has delivered consistent performance The Company enjoyed a steady turnover of around £650-750k per annum with a gross margin on average of circa 35%

The company utilised an overdraft facility with Lloyds Bank Plc to finance the Company's business activities

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02639367/filing-history/MzA5MjYwNTQ1OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02639367

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