# KAT 147 Limited (04197535)

> Why UK company 04197535 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04197535

- **Status:** Administration ended
- **Administration began:** 2013-11-08
- **Administrators:** Alan Peter Whalley, Sandra Lillian Mundy
- **Administrators' firm:** FRP Advisory
- **Formerly:** Purrfect PET Care Limited
- **Incorporated:** 2001-04-10
- **Location:** Reading
- **Industry:** 47760 Retail sale of flowers, plants, seeds, fertilizers, pet animals and pet food in specialised stores

## Why it went into administration

- Funding withdrawn / unable to refinance
- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 10 Apri! 2001 It operated as a retailer of pet supplies trading from seven leasehold premises The premises were located at Eastcote, Bracknell, Petts Wood, Hayes, Caterham, Leatherhead and Egham

The Company made profits of approximately £51,000 in the year to March 2011 but made a loss of approximately £96,000 in the year to March 2012 More recently the Company made a small profit of £34,000 in the year to March 2013 and management accounts for the year to September 2013 indicated a small loss The Company had experienced competition from larger pet superstores which was increasingly affecting turnover

The losses were funded largely by the director who had a loan account with the Company of approximately £220,000 and extended terms from the largest trade supplier who is owed approximately £300,000 By the autumn of this year, however, the trade supplier expressed itself unwilling to support the business tn the longer term As the director felt unable to provide further support the Company was no longer able to continue [t was insolvent on a balance sheet basis in that its liabilities were greater than its assets and a cash flow basis in that it was unable to pay its habilites as they fell due

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04197535/filing-history/MzA5MDMzODkzOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04197535

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