# Owen Tatton Limited (05079597)

> Why UK company 05079597 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05079597

- **Status:** Administration ended
- **Administration began:** 2014-01-07
- **Formerly:** Waveflight Limited
- **Incorporated:** 2004-03-22
- **Location:** Altrincham
- **Industry:** 46130 Agents involved in the sale of timber and building materials

## Why it went into administration

- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 22" March 2004 and was originally set up by an ex-Director of Cooper Clarke who met with Colin Benson, Harold Tatton and Peter Owen (who resigned on 10" September 2013)

The Company originally traded from premises at Units 12B and 12F, Horwich Business Park, before moving to new rented premises at Unit 3 Blackrod Interchange Industnal Estate, Station Road, Blackrod, BL6 5GP tn 2012

The first four to five years of trade were good, with the Company managing to hold well during the recession, although a change in direction towards schools and infrastructure during this time meant that some of the profit margin was lost

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05079597/filing-history/MzA5NDc5OTc1NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05079597

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