# Trade Electronix Ltd (04068630)

> Why UK company 04068630 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04068630

- **Status:** Administration ended
- **Administration began:** 2014-03-11
- **Administrators:** Steven Martin Stokes, Christopher Stirland
- **Administrators' firm:** FRP Advisory
- **Formerly:** Wiltsgrove (UK) Limited
- **Incorporated:** 2000-09-08
- **Location:** Birmingham
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 8 September 2000 and its principle activity was an electrical wholesaler specialising in reselling returned /refurbished household electrical goods.

The Company traded from a freehold property on River Street, Digbeth, Birmingham (“the Property’).

Following a decline in sales due to adverse economic conditions the directors of the Company initially instructed Sharma & Co Ltd (“SCL”) to assist them tn placing the Company in a Creditors Voluntary Liquidation. A board meeting was held on 24 February 2014, with notices circulated convening a Section 98 creditors meeting for 24 March 2014.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04068630/filing-history/MzA5OTMzMjY3MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04068630

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