# Stribbons Limited (05080009)

> Why UK company 05080009 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05080009

- **Status:** Administration ended
- **Administration began:** 2011-06-03
- **Administrators:** Nicholas John Edwards, Tyrone Courtman
- **Administrators' firm:** RSM
- **Formerly:** Stribbons UK Ltd
- **Incorporated:** 2004-03-22
- **Location:** Derby
- **Industry:** 3663

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Property / lease costs

## From the administrators' statement

Stribbons Limited (the “Company” or “Stribbons”) sold ribbons and other small packaging items and was incorporated on 22 March 2004

The company employed 11 people including directors, and operated from leasehold premises.

Established in 1990 in the United States of America, the UK division was bought through an MBO tn April 2004, funded by loans

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05080009/filing-history/MzA0MTQ0MTY3N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05080009

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