# Renegade Sports Group Limited (04278331)

> Why UK company 04278331 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04278331

- **Status:** Administration ended
- **Administration began:** 2016-12-22
- **Administrators:** Julien Robert Irving, Andrew Poxon
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2001-08-29
- **Location:** Manchester
- **Industry:** 46900 Non-specialised wholesale trade

## Why it went into administration

- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Over-expansion / investment not recovered

## From the administrators' statement

Growth of the Company has historically been achieved through a focused approach to expanding the business In 2014, as part of an intended expansion strategy, the Company appointed a new Managing Director

Following the appointment of the Managing Director, the Company won a substantial contract to supply CDs and DVDs to a nationwide motorway service and hotel chain (‘the Principal Customer’) The contract had the effect of increasing the Company's turnover by approximately 209% from £472k in the year ended 31 December 2014 to £1 45m in the year ended 31 December 2015

The Company's most recent statutory accounts show that It has recorded profits after tax of £23k and £52k in the years ended 31 December 2014 and 31 December 2015 respectively Management accounts have not been prepared during the year to date

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04278331/filing-history/MzE2ODYxOTk1N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04278331

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