# Bestplace.Co.Uk Limited (04915889)

> Why UK company 04915889 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04915889

- **Status:** Administration ended
- **Administration began:** 2012-02-03
- **Incorporated:** 2003-09-30
- **Location:** Oldham
- **Industry:** 5244

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Property / lease costs
- Competition / price pressure

## From the administrators' statement

The Director of the Company has provided the Joint Administrators’ with the following information

Bestplace co uk Limited was formed by Mr Daniel King and Initially traded as an Internet business directory The Company was incorporated on 30" September 2003 with Mr King named as the sole director

The start up of the Company was financed by a £20,000 overdraft from HSBC Bank Plc, which is personally guaranteed by the Director The bank have a debenture over the Company’s assets that, was registered at Companies House on the 9" July 2005

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04915889/filing-history/MzA1Mzc4OTM4OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04915889

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