A1 Comms Limited (04455131): administration and why it failed

A1 Comms Limited (04455131): administration

Status: Administration ended
Administration began: 2024-02-02
Administrators' firm: Begbies Traynor
Formerly: A1 Investments (Midlands) Limited; Terrific Designs Limited
Incorporated: 2002-06-06
Location: Leeds
Industry: 47421 Retail sale of mobile telephones

Why it went into administration

Creditor pressure / legal action

From the administrators' statement

Does the company have any significant customers? if so, what is the proportion against the tumover of the business ?

What were the main causes of the Company's difficulties?

Better terms were negotiated with networks to ease cashflow and reduce targets allowing us to increase margins

Administrators' statement of proposals (2024-04-05) · Companies House register

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