# Park Lane Cards Limited (03821837)

> Why UK company 03821837 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03821837

- **Status:** Administration ended
- **Administration began:** 2011-10-28
- **Administrators:** Steven Phillip Ross, Ian William Kings
- **Administrators' firm:** RSM
- **Incorporated:** 1999-08-09
- **Location:** Sunderland
- **Industry:** 5248

## Why it went into administration

- Cash flow / liquidity pressure
- Sustained trading losses

## From the administrators' statement

• General downturn in trade — turnover reduced from £2 1m to £1m within the last 12 months,

Non-profit making shops,

Onerous leases

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03821837/filing-history/MzA0ODg3NTYyNGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03821837

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