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Supalux Lighting Limited (05015098): administration

Status
Administration ended
Administration began
2012-02-01
Administrators
Jamie Playford
Administrators' firm
Acuity Professional Partnership
Incorporated
2004-01-14
Location
Norwich
Industry
5143

Why it went into administration

From the administrators' statement

Supalux Lighting Limited (“the Company’) was incorporated on 14 January 2004 and commenced trading shortly after from premises in Leaping Wells Farm in Kelvedon, Essex its main activity was the wholesale of industnal and commercial lighting

Due to an increase in sales and an expansion of the business, the Company was in a position where a larger warehouse space was required. In 2011, the Company moved to the premises at Unit G, Eastways Industnai Estate, Witham, Essex, CM8 3YQ

In late 2011 the Company began to face cash flow problems This was compounded by a break down in communication between the Company and the Factoring Company, HSBC Invoice Finance Limited. There were also issues in the collection of a number of large book debts owed to the Company, impacting on cash flow further The Company also faced a decline in sales in late 2011

Administrators' statement of proposals (2012-04-02) · Companies House register

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Supalux Lighting Limited (05015098)

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