# Great Star (UK) Limited (04007958)

> Why UK company 04007958 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04007958

- **Status:** Administration ended
- **Administration began:** 2011-07-06
- **Administrators' firm:** Copyrite Business Solutions
- **Formerly:** Gold Medal (Romsey) Limited
- **Incorporated:** 2000-06-05
- **Location:** Salisbury
- **Industry:** 5154

## Why it went into administration

- Property / lease costs
- Loss of a key customer, supplier or contract

## From the administrators' statement

The Company’s registered and trading office was 210 Mauretania Road, Nursling Industrial Estate, Southampton, Hampshire, SO16 OYS, its principal activity being as a global manufacturer, importer and distributor of quality products designed for the trade and DIY hand tools industry

In 2009/10 the Company was made aware that :t would likely lose business from one of its largest customers, B&Q Limited The director recognised this would affect sales and profit and therefore initiated talks with the landlord of the Company's premises in an attempt to part let or fully re-let the property Despite some interest in the property no let was secured

Between 2010 and 2011 sales to B&Q Limited reduced considerably and the director took immediate steps to mitigate costs, and the Company made a number of its staff redundant As 2011 progressed however it became obvious to the director that the Company would not be able to survive the loss of business whulst still being able to pay the landlords their required rent and rates The Company ceased to trade on 6 July 2011

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04007958/filing-history/MzA1MjE3NTg4NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04007958

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