Jaycross Limited (03036541): administration
- Status
- Administration ended
- Administration began
- 2021-08-03
- Administrators' firm
- KRE Corporate Recovery
- Incorporated
- 1995-03-22
- Location
- Reading
- Industry
- 45112 Sale of used cars and light motor vehicles
Why it went into administration
- COVID-19
- Property / lease costs
- Pension deficit
- Competition / price pressure
From the administrators' statement
3.1
During April 2021, with the business about to re-open, CB, the now sole director of the Company, sought professional advice on the Company’s financial position, as she
wanted to understand the financial and management requirements the business faced.
Administrators' statement of proposals (2021-09-08) · Companies House register