Roxburghe (UK) Limited (03137269): administration
- Status
- Administration ended
- Administration began
- 2014-09-16
- Administrators
- Henry Lan, Asher Miller
- Administrators' firm
- Begbies Traynor
- Formerly
- DSG Collections Limited; Roxnet Online Limited; Roxnet On Line Limited
- Incorporated
- 1995-12-13
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Regulatory change or action
- Competition / price pressure
- Property / lease costs
From the administrators' statement
The Company’s principal activity was that of debt recovery and collection, primarily focussed on the parking and telecoms sectors
The Company operated from leasehold premises at Roxburghe House, Lavender Park Road, West Byfleet, Surrey, KT14 6NA A formal lease was in place for a term of 10 years commencing 1n June 2009, with an annual rent of £90,176 payable quarterly in advance
Accounts show that the Company broke even as recently as 2012, however by this point losses from previous years had accumulated to a substantial level, contributing to significant balance sheet deficits 1n its final years of trading
Administrators' statement of proposals (2014-11-20) · Companies House register