POD Food Limited (05180594): administration and why it failed

POD Food Limited (05180594): administration

Status: Administration ended
Administration began: 2019-06-21
Administrators: Damian Webb
Administrators' firm: RSM
Formerly: Rudland Hall Limited
Incorporated: 2004-07-15
Location: London
Industry: 82990 Other business support service activities n.e.c.

Why it went into administration

Property / lease costs
Sustained trading losses
Competition / price pressure
Weak consumer demand
Rising costs / inflation
Brexit

From the administrators' statement

Relevant extracts from the Company's management and audited financial statements are summarised below.

Management accounts - Profit and Loss for the period to 30 April 2019

RSM UK

Administrators' statement of proposals (2019-08-27) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts

POD Food Limited (05180594): administration

Why it went into administration

From the administrators' statement

Processing now

Recently viewed & analysed

POD Food Limited (05180594)