STDN Meats Limited (04742440): administration
- Status
- Administration ended
- Administration began
- 2015-01-30
- Administrators
- Nickolas Garth Rimes, Adam Jordan
- Administrators' firm
- The Wilkes Partnership
- Incorporated
- 2003-04-23
- Location
- Stoke Prior
- Industry
- 46320 Wholesale of meat and meat products
Why it went into administration
- Bad debts / customer insolvency
- Sustained trading losses
- HMRC / tax arrears
- Cash flow / liquidity pressure
From the administrators' statement
The business began trading as a Partnership in 1992, supplying meat to butchers, cafes and pubs Business was successful during the 1990's and in 2000, the Partnership moved to leasehold premises in Brierly Hill, West Midlands
In 2000 and 2001, the Partnership suffered bad debts of approximately £130,000, although the business was able to continue trading
In April 2003, the business was incorporated and became STDN Meats Limited During 2004 and 2003 the company expenenced reductions in sales due to the outbreaks of Bovine Spongiform Encephalopathy (“BSE”), commonly known as mad cow disease However, the company was able to trade through these difficult periods and business began to improve towards the end of 2003
Administrators' statement of proposals (2015-02-13) · Companies House register