# WEB Shop Direct Limited (04373134)

> Why UK company 04373134 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04373134

- **Status:** Administration ended
- **Administration began:** 2025-09-17
- **Administrators:** Daniel Mark Richardson, Nick Brierley
- **Administrators' firm:** CG&Co
- **Formerly:** Stealth Europe Limited
- **Incorporated:** 2002-02-13
- **Location:** Manchester
- **Industry:** 47910 Retail sale via mail order houses or via Internet

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

‘ The Company had falten into arrears with its creditors and had insufficient working capital to pay the

ongoing costs. The Company already had taken out loans.to fund trading and the Directors did not

-beliéve that.any further funding would be available to'the Company due to. the level of its debt. As

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04373134/filing-history/MzQ4MzA0OTA5NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04373134

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