From the administrators' statement

The Company was incorporated on 12 June 2001 as a supplier of pnnting and mailing services

The Company secured funding from The Royal Bank of Scotland Ple (“RBS”) by way of a business loan secured by guarantees provided by the Directors and an invoice discounting facility with RBS Invoice Finance Limited (“RBSIF”) secured against the Company's assets

| am informed that the Company traded successfully and profitably for several years building gocd relationships with its customers However, during the economic downturn over the last few years the Company saw a decrease tn tts revenues and profits The Company's management accounts show that for the pertod July 2010 to March 2011 the Company made a loss of £36,479

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A1 Mailing Services Limited (04233051)

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