European Warehousing & Transport Limited (03593376): administration
- Status
- Administration ended
- Administration began
- 2014-11-19
- Administrators' firm
- FRP Advisory
- Incorporated
- 1998-07-01
- Location
- Brentwood
- Industry
- 52103 Operation of warehousing and storage facilities for land transport activities
Why it went into administration
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
- Competition / price pressure
From the administrators' statement
2.1 The Company was incorporated on 1 July 1998 by the founding directors and then sole shareholders, Christopher Andrew Jakubowski (“CAJ”) and Derek William Hil C(DWH”). The Company was established to provide ongoing storage facilities for a number of companies who were already known to CAJ and DWH, via their employment with Crowncrest Associates Ltd (*CAL”).
2.2 The opportunity arose when a significant warehouse facility known as Q Building, 13 Central Avenue, Ransomes Europark, Ipswich, Suffolk, IP3 9SL (“Q Building”) became available, with its former tenant assigning its leasehold interest to the Company.
23 In addition to the warehouse and substantial yard, Q Building acted as the Company’s head office The property has remained the Company's main base and ts currently subject to a five year lease from 21 March 2011.
Administrators' statement of proposals (2015-01-09) · Companies House register