UK Distribution Services Ltd. (04005956): administration
- Status
- Administration ended
- Administration began
- 2011-07-18
- Administrators' firm
- BM Advisory
- Formerly
- Carrywell Ltd
- Incorporated
- 2000-06-01
- Location
- London
- Industry
- 5190
Why it went into administration
- Creditor pressure / legal action
- Bad debts / customer insolvency
From the administrators' statement
On 1 June 2000 John Wreaves incorporated a limited company named Carrywell Limited. The purpose of the business was to import adult magazines from the US and Europe and sell this product to non-federated wholesalers across the UK, On 28 August 2003 the company name was changed to ‘UK Distribution Services Limited’.
Over the next 5 years the company continued to trade successfully, and explored other revenue streams including publishing their first soft adult magazine called ‘Over 40’ as well as a non adult magazine called ‘Fightsport’
Restructuring and insolvency services are provided through BM Advisory LLP and our partners are licensed in the United Kingdom to act as insolvency practitioners
Administrators' statement of proposals (2011-09-13) · Companies House register