# Lucinda Jane Ltd (04940555)

> Why UK company 04940555 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04940555

- **Status:** Administration ended
- **Administration began:** 2020-05-20
- **Administrators' firm:** Quantuma
- **Formerly:** Lulu Guinness Limited; LGCK Limited
- **Incorporated:** 2003-10-22
- **Location:** London
- **Industry:** 47722 Retail sale of leather goods in specialised stores

## Why it went into administration

- COVID-19
- Cash flow / liquidity pressure
- Sustained trading losses

## From the administrators' statement

The business has experienced difficult trading conditions in recent years and the new management team has sought to re-energise and re-focus the brand under a new 3. year plan. However, cash flow difficulties have been persistent.

The Covid-19 pandemic had a significant effect on the business as the stores had to close down due to social distancing restrictions, exacerbating cash flow problems. Whilst the Company received some ongoing revenue from online sales, there was no prospect of repaying the significant. liabilities of the Company without third party support.

Overview of Financial Information

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04940555/filing-history/MzI2Njk5MTI0M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04940555

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