# The Big Prawn Co. Ltd. (03654959)

> Why UK company 03654959 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03654959

- **Status:** Administration ended
- **Administration began:** 2023-01-27
- **Administrators:** Benjamin John Wiles, Philip Joseph Dakin
- **Administrators' firm:** Kroll
- **Incorporated:** 1998-10-23
- **Location:** London
- **Industry:** 10200 Processing and preserving of fish, crustaceans and molluscs

## Why it went into administration

- COVID-19
- Supply chain disruption
- Cash flow / liquidity pressure
- Rising costs / inflation
- HMRC / tax arrears
- Parent or group failure

## From the administrators' statement

• The Trading Company has been affected by a number of factors over recent years, which have culminated in the Trading Company’s inability to continue to pay its debts as and when they fall due.

• Following the UK’s decision to leave the EU, additional labour and import costs arose. Furthermore, the Covid-19 pandemic and subsequent global supply chain disruption and inflation impacted profitability in the following financial years, FY21, FY22 and FY23 YTD.

Appointment

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03654959/filing-history/MzM3MDI5ODEwNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03654959

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