UK Snacks Limited (04627046): administration
- Status
- Administration ended
- Administration began
- 2019-03-08
- Administrators' firm
- Cornerstone Business Turnaround and Recovery
- Formerly
- Linked Solutions Limited
- Incorporated
- 2003-01-02
- Location
- Enfield
- Industry
- 10890 Manufacture of other food products n.e.c.
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
Cornerstone was first approached for business recovery advice on 1 February 2019 and was formally instructed on that date. Following a review of its financial position, it was clear that the Company was unequivocally insolvent and immediate steps needed to be taken to place the Company into Administration.
As previously mentioned, in June 2018 a fire occurred at the trading premises which burned the site to the ground and caused the business to cease trading immediately.
From September 2018 to February 2019 the Company experienced everincreasing pressure from its creditors to discharge its liabilities. As the
Administrators' statement of proposals (2019-05-29) · Companies House register