# Abacus Print Limited (05217176)

> Why UK company 05217176 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05217176

- **Status:** Administration ended
- **Administration began:** 2022-03-31
- **Administrators' firm:** Evelyn Partners
- **Incorporated:** 2004-08-27
- **Location:** Loughton
- **Industry:** 18129 Printing n.e.c.

## Why it went into administration

- Property / lease costs
- COVID-19
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 27 August 2004 and commenced to trade shortly after providing

printing services. A large proportion of the Company’s turnover is accounted for through the supply of print to the retail and hospitality sectors.

The Company has latterly traded from 5-7 Atlas Road, Wembley, London HA9 OJH and had a current workforce of six members of staff.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05217176/filing-history/MzM0MDY2MDMxM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05217176

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