Aquaculture Limited (03214190): administration
- Status
- Administration ended
- Administration began
- 2013-07-11
- Incorporated
- 1996-06-19
- Location
- Sheffield
- Industry
- 20150 Manufacture of fertilizers and nitrogen compounds
Why it went into administration
- Competition / price pressure
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
The information provided tn this section 1s based upon the Company records, the accuracy of which the Joint Administrators are unable to vouch for The Joint Administrators cannot therefore be held personally liable for errors or misstatement of fact contained therein
The Company was incorporated on 19 June 1996 and began trading shortly thereafter from trading premises in Sheffield, South Yorkshire Its principal activity was the retail sale and manufacture of a number of horticultural and hydroponics products
Initial trade was successful and the Company grew steadily, enjoying a growing market share in a niche market and rising levels of both turnover and profit By 2010, the Company traded from three premises the headquarters remained in Sheffield, with two branches in Barnsley, South Yorkshire and Ripley, Derbyshire On top of this, the Company had benefit of a registered trademark for the brand “Aquaculture” and usage of a number of items of intellectual property created by Simon Spinks, including a number of formulas for the hydroponics products the Company manufactured
Administrators' statement of proposals (2013-08-14) · Companies House register