WOC Realisations 2014 Limited (04704042): administration
- Status
- Administration ended
- Administration began
- 2013-03-15
- Administrators
- Duncan Kenric Swift, Stephen Anthony John Ramsbottom
- Administrators' firm
- Azets
- Formerly
- World of Camping Limited
- Incorporated
- 2003-03-19
- Location
- Bristol
- Industry
- 47990 Other retail sale not in stores, stalls or markets
Why it went into administration
- HMRC / tax arrears
- Sustained trading losses
- Cash flow / liquidity pressure
- Weather / natural events
From the administrators' statement
The Company was incorporated on 19 March 2003 The Directors became involved when they purchased the share capital via a going concern sale on 17 June 2011
The Company traded as an online retailer of camping equipment
Banking facilites were provided by HSBC Bank Plc ("HSBC") by way of a £247,000 loan (initial amount advanced in June 2011) backed by the Government's Small Firms Loan Guarantee The loan was also personally guaranteed by the Directors The Company did not operate an overdraft
Administrators' statement of proposals (2013-05-14) · Companies House register