companydig

Zest Aromatics Limited (04214361): administration

Status
Administration ended
Administration began
2016-02-08
Administrators
Gareth David Rusling, Joanne Louise Hammond
Administrators' firm
Begbies Traynor
Incorporated
2001-05-10
Location
Sheffield
Industry
20530 Manufacture of essential oils

Why it went into administration

From the administrators' statement

The Company was onginally set up in 2001 to purchase and sell essential oils, basic compounds and similar materials for the production of creams, potions and scents

Following the acquisition of a connected company, Potions and Possibilities Limited (“Potions”) in 2009, the Company set up a manufacturing base for the manufacture and development of new product ranges As part of this investment the Company purchased various equipment and recruited a cosmetic chemist to design, improve and extend the product range

In 2013, following the resignation of one of the Company’s directors, the Company initially postponed the development of certain products As a result, the Company held an oversupply of materials and had limited cash available due to the investment made in up front development costs

Administrators' statement of proposals (2016-04-03) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Processing now

Recently viewed & analysed

Loading…

Zest Aromatics Limited (04214361)

Export CSV