# MCN Realisations Limited (04838998)

> Why UK company 04838998 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04838998

- **Status:** Administration ended
- **Administration began:** 2017-10-18
- **Formerly:** Meddo (CN) Ltd; NJ Woodco Ltd; NJ Woodco Joinery Limited
- **Incorporated:** 2003-07-21
- **Location:** Lincoln
- **Industry:** 43210 Electrical installation

## Why it went into administration

- HMRC / tax arrears
- Sustained trading losses
- Property / lease costs

## From the administrators' statement

NJ Woodco Joinery Limited was incorporated in July 2003 by Mr James Ward and Mr Nathan Fletcher who were directors and joint shareholders of the Company. The Company traded from leasehold premises in Lincoln

The directors had years of experience in the industry and specialised in bespoke joinery work for independent customers.

On 22 May 2007 the Company granted a fixed and floating charge debenture in favour of National Westminster Bank Ple (“Natwest”) over the undertaking and all property of the Company. This debenture remains unsatisfied and at the date of Administration, the Company has fully utilised its overdraft facility with Natwest of £100,000.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04838998/filing-history/MzE5NTQ5MDgyNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04838998

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.