# Qubic Print Direct Limited (05240257)

> Why UK company 05240257 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05240257

- **Status:** Administration ended
- **Administration began:** 2016-06-30
- **Administrators:** Julien Robert Irving, Andrew Poxon
- **Administrators' firm:** Leonard Curtis
- **Formerly:** Brabco 425 Limited
- **Incorporated:** 2004-09-24
- **Location:** Manchester
- **Industry:** 18129 Printing n.e.c.

## Why it went into administration

- Property / lease costs
- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 24 September 2004 and commenced to trade on 1 January 2005, following the acquisition of the business and assets by management from the Deluxe Corporation

The Company traded from its registered office The premises are leasehold and were subject to a ten year lease agreement commencing with Bell Developments Limited (“the Landlord”) Under the terms of the lease the Company, rent of £131,118 per annum was payable to the Landlord The lease provided for a rent review on 30 June 2016

The principal trading activity of the Company was the supply of printed and promotional! products

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05240257/filing-history/MzE1Njc4NTQyMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05240257

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