Craft Channel Productions Limited (03834320): administration
- Status
- Administration ended
- Administration began
- 2022-02-16
- Administrators
- Martin Charles Armstrong, Andrew Richard Bailey
- Administrators' firm
- Interpath Advisory
- Formerly
- Nationwide Creative Workshops Limited
- Incorporated
- 1999-09-01
- Location
- Sutton
- Industry
- 74990 Non-trading company
Why it went into administration
- COVID-19
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the director of the Company and not from my personal knowledge as Administrator.
The Company was incorporated on 1 September 1999 and has in recent years has been registered as a non-trading company, as detailed below.
The Company had historically been a supplier to its parent company, ISD, when it was acquired in 2014. The business continued as an internal supplier until late 2019 when another group company, Ideal Sourcing Limited, acquired its business. ISD later acquired the business of Ideal Sourcing Limited and transferred all contracts into its own business.
Administrators' statement of proposals (2022-04-14) · Companies House register