Jual Domestic Limited (03464514): administration
- Status
- Administration ended
- Administration began
- 2011-08-02
- Incorporated
- 1997-11-12
- Location
- Sheffield
- Industry
- 5147
Why it went into administration
- Competition / price pressure
- Property / lease costs
- Sustained trading losses
- Credit insurance / supplier credit withdrawn
From the administrators' statement
The information provided in 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 hable for errors or misstatement of fact contained therein
The Company was incorporated on 12 November 1997 under the name of Jual Domestic Limited T/A Appliance Mania and Cooker Crazy
The Company banked with HSBC Bank PLC (“HSBC”) The Bank holds security over its indebtedness by way of a legal mortgage that was registered on 17 January 2011 and a fixed and floating charge debenture, which was registered on 27 January 2011 The balance on the current account 1s circa £52,000 in credit and in addition to this, there are outstanding charge backs totalling £158,459 due to HSBC merchant services Whilst HSBC do have a fixed and floating charge registered at Companies House, the bank confirmed to the directors in writing that this debenture was being removed as it was put in place purely as security for the company's overdraft which was repaid pnor to the appoiniment of the Joint Administrators
Administrators' statement of proposals (2011-10-03) · Companies House register