# Power Play (Textiles) Limited (02695534)

> Why UK company 02695534 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02695534

- **Status:** Administration ended
- **Administration began:** 2012-02-13
- **Administrators' firm:** Kroll
- **Incorporated:** 1992-03-10
- **Location:** Manchester
- **Industry:** 5142

## Why it went into administration

- Funding withdrawn / unable to refinance
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 10 March 1992 Statutory information on the Company and a summary of tts financial position is included at Appendix 1

The principal activity of the Company was the import and export of licansed clothing and hosiery, trading both within the United Kingdom and across Europe The Company held licenses with widely recognised brands including Levi, Ben Sherman and Disney

The business commenced trading in 1992 and has been historically profitable, recording a net profit of £140,000 and £174,000 for the financial years ended 31 March 2011 and 2010 respectively

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02695534/filing-history/MzA1NTI0Njg1NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02695534

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