# A1 Mailing Services Limited (04233051)

> Why UK company 04233051 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04233051

- **Status:** Administration ended
- **Administration began:** 2011-04-11
- **Administrators:** Kenneth William Touhey, Craig Povey
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2001-06-12
- **Location:** London
- **Industry:** 2222

## Why it went into administration

- HMRC / tax arrears
- Bad debts / customer insolvency
- Competition / price pressure

## 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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04233051/filing-history/MzAzODczNDEyOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04233051

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