AE Direct Mail Limited (04844126): administration
- Status
- Administration ended
- Administration began
- 2013-07-05
- Administrators
- Tomislav Lukic, Samuel James Woodward
- Administrators' firm
- EY
- Formerly
- M & K Direct Mail Limited
- Incorporated
- 2003-07-24
- Location
- Birmingham
- Industry
- 53100 Postal activities under universal service obligation
Why it went into administration
- Sustained trading losses
- Loss of a key customer, supplier or contract
From the administrators' statement
AE Direct Mail Limited (“AE” or “the Company”) was acquired by the Group in August 2012 and was principally involved with personalised printing, wrapping and mailing of direct mail on behalf of its customers AE was ac £2million turnover business and incurred a retained loss of c £171,000 in the year ended 30 September 2012 and £354,000 in the nine months ended 30 June 2013 At the date of the Administrators’ appointment, AE employed 42 staff
AE was based in Aintree (Liverpool) In March 2013 it relocated from its own leasehold premises to nearby leasehold premises used by Character Media Limited, a Group company
The recent financial results of the Company can be summarised as follows
Administrators' statement of proposals (2013-09-02) · Companies House register