Sat-Comm Limited (03924181): administration and why it failed

Sat-Comm Limited (03924181): administration

Status: Administration ended
Administration began: 2011-05-11
Administrators: Nigel Millar, Adrian David Allen
Administrators' firm: Price Bailey
Incorporated: 2000-02-11
Location: Peterborough
Industry: 7487

Why it went into administration

Creditor pressure / legal action
Sustained trading losses

From the administrators' statement

Relevant extracts from the Company’s audited financial statements and management accounts are summarised below

Profit and Loss Account

9 months 12 months 12 months

Administrators' statement of proposals (2011-06-28) · Companies House register

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Sat-Comm Limited (03924181): administration

Why it went into administration

From the administrators' statement

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Sat-Comm Limited (03924181)