Creative Digital Solutions Ltd (02844284): administration
- Status
- Administration ended
- Administration began
- 2014-04-29
- Administrators' firm
- Begbies Traynor
- Formerly
- Creative Copiers Limited
- Incorporated
- 1993-08-11
- Location
- Southend on Sea
- Industry
- 77330 Renting and leasing of office machinery and equipment (including computers)
From the administrators' statement
Creative Digital Solutions Limited was incorporated on 11 August 1993 and has for many years traded successfully most recently in the field of photocopter maintenance The current director Peter Young was appointed on 25 September 2006 nor to this, Peter Young worked within Woodleys, an established stationery business, which subsequently became Woodleys Digital LLP on 8 July 2004 Mr Young introduced the sale and repair of photocopiers to the business
The company operated tn the commercial market however also maintained photocopiers within schools and churches The business was established via cold calling, leads gained through a website and selective advertising The director introduced fixed-term 5 year contracts with customers to include service and call out, the invoicing was based on a monitored meter usage
In the initial stages, the company did not seek any external finance other than an overdraft facility with its bankers Barclays Bank Pic which extended to £10,000 Subsequently this was increased to £25,000 however no debenture or personal guarantees were given
Administrators' statement of proposals (2014-06-30) · Companies House register