# Paul Simon (London) Limited (02815748)

> Why UK company 02815748 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02815748

- **Status:** Administration ended
- **Administration began:** 2014-04-02
- **Administrators:** Lee Antony Manning, Nicholas Guy Edwards
- **Administrators' firm:** Deloitte
- **Incorporated:** 1993-05-06
- **Location:** London
- **Industry:** 47510 Retail sale of textiles in specialised stores

## Why it went into administration

- Property / lease costs
- Sustained trading losses
- Competition / price pressure
- Weather / natural events

## From the administrators' statement

Prior to Administration the Directors, with the assistance of Spectrum, had actively marketed the Company for sale They were prepared to sell the Company for £1 to any investor who

was willing to inject further working capital to avoid insolvency

No sale being forthcoming, and faced with cash outflows and an inability to meet lrabilities as

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02815748/filing-history/MzEwMTAyODc4NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02815748

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