# Xercers 2014 Limited (04484545)

> Why UK company 04484545 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04484545

- **Status:** Administration ended
- **Administration began:** 2014-09-04
- **Administrators:** Gary E Blackburn, Paul Andrew Whitwam
- **Administrators' firm:** BWC Business Solutions
- **Formerly:** 04484545 Limited; D. L. I. Precision Engineering Limited; Ever 1831 Limited
- **Incorporated:** 2002-07-12
- **Location:** Leeds
- **Industry:** 2852

## Why it went into administration

- Loss of a key customer, supplier or contract
- Energy costs
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Property / lease costs
- Sustained trading losses

## From the administrators' statement

Mr Barry Wells and Mr William Olver are the directors of the Company (“the Directors”)

The following information has been provided by the Directors.

The Company was bought out of Administration in September 2002 and traded profitably, on a turnover of circa £2 0m. Within this was a major customer operating in the Mobility Aids market, who accounted for circa 40% of the company’s total turnover

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04484545/filing-history/MjAwODYyMTM3N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04484545

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