Nila (UK) Limited (04583654): administration
- Status
- Administration ended
- Administration began
- 2018-04-17
- Administrators
- Benjamin John Wiles, Geoffrey Wayne Bouchier
- Administrators' firm
- Kroll
- Incorporated
- 2002-11-06
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Supply chain disruption
- Competition / price pressure
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Property / lease costs
- Credit insurance / supplier credit withdrawn
- Brexit
From the administrators' statement
Statutory information on the Company and a summary of its financial history is included at Appendix 1.
The Company was established in 2002 as a corporate entity for the Director to trade in the food wholesale and distribution sector, a sector within which he had been operating as a sole trader since 1994.
The Company primarily supplied goods sourced from third parties, but had also developed own branded goods on key product lines, with a view to exercising greater control over quality and to compete in areas other than price.
Administrators' statement of proposals (2018-06-26) · Companies House register