National Hotlines Limited (02704423): administration
- Status
- Administration ended
- Administration began
- 2015-03-09
- Administrators
- Ian Michael Rose
- Administrators' firm
- Currie Young
- Formerly
- National Hotlines PLC
- Incorporated
- 1992-04-07
- Location
- Brentford
- Industry
- 61900 Other telecommunications activities
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
From the administrators' statement
National Hotlines Limited was incorporated in the name of National Hotlines Pic in April 1994, and was reregistered in its current name on 29 November 2002 as a private company
From the outset the Company traded successfully supplying 0800 Freephone numbers to businesses across the UK, employing 30 staff members at its peak The business immediately generated a healthy profit.
The business was based on a recurring monthly revenue model and generated a gross monthly income of approximately £13,500 There are currently 170 customers however, like many telecoms businesses, the Company experienced a high turnover within its customer base
Administrators' statement of proposals (2015-08-26) · Companies House register