Newsplus Group Limited (04604721): administration
- Status
- Administration ended
- Administration began
- 2013-09-12
- Administrators
- Lisa Jane Hogg, Gemma Louise Roberts
- Administrators' firm
- Wilson Field
- Formerly
- Imco (352002) Limited
- Incorporated
- 2002-11-29
- Location
- Sheffield
- Industry
- 47110 Retail sale in non-specialised stores with food, beverages or tobacco predominating
Why it went into administration
- Funding withdrawn / unable to refinance
- Weak consumer demand
- Cash flow / liquidity pressure
- Sustained trading losses
- Parent or group failure
- Weather / natural events
From the administrators' statement
The information provided tn this section is based upon the Company records, the accuracy of which the Joint Administrators are unable to vouch for The Joint Administrators cannot therefore be held personally liable for errors or misstatement of fact contained therein
The Company was incorporated on 29 November 2002 under the name of IMCO (352002) Limited and changed tts name to tts current style of NewsPlus Group Limited on 30 December 2002 The Company commenced trading at the beginning of February 2003
The Company was formed to receive the purchase of 23 retail stores acquired from Maltings Retail Limited that were trading as CTN (Confectioner, Tobacconist and Newsagent) businesses with a number of stores having a small convenience offering
Administrators' statement of proposals (2013-11-11) · Companies House register