# Idex Limited (05078354)

> Why UK company 05078354 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05078354

- **Status:** Administration ended
- **Administration began:** 2015-12-02
- **Administrators' firm:** Dow Schofield Watts
- **Incorporated:** 2004-03-19
- **Location:** Warrington
- **Industry:** 26400 Manufacture of consumer electronics

## Why it went into administration

- Sustained trading losses
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract

## From the administrators' statement

The business initially traded from 1991 as a Partnership under the trading name “Idex” Margo Nicole Olenski and Zdzislaw Jozef Olenski were the two Partners

The Partnership was incorporated on 19 March 2004, with Margo Nicole Olenski and Zdzislaw Jozef Olenski appointed as directors of the Company and holding 1000 ordinary shares each

The Company traded as a manufacture of speakers and professional music equipment for both commercial and retail cllents in the UK, Europe and the Far East The Company’s largest customer base was in China and India

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05078354/filing-history/MzE0MDgxNDUyNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05078354

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