Camden Electrical Wholesalers Limited (02878564): administration
- Status
- Administration ended
- Administration began
- 2015-10-13
- Administrators
- Conrad Alan Beighton, Paul David Masters
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1993-12-08
- Location
- Birmingham
- Industry
- 46760 Wholesale of other intermediate products
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was a wholesaler of electncal equipment and traded from leasehold premises in Lye, Stourbndge It employed eleven staff, including one director
The Company was incorporated in 1993 and commenced trading from leasehold premises in Oldbury early the following year It gradually built a loyal customer base locally and nationally and steadily increased both turnover and profitability
in 2008 the Company expanded into second premises in Lye These premises were far more modem and better suited the image the Company wanted to portray This expansion helped consolidate the steady growth the Company had expenenced
Administrators' statement of proposals (2015-12-14) · Companies House register