# Jaycross Limited (03036541)

> Why UK company 03036541 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03036541

- **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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03036541/filing-history/MzMxMjYyMjY4N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03036541

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