Cantalis Ltd (05265217): administration
- Status
- Administration ended
- Administration began
- 2022-10-18
- Administrators
- Craig Johns, Jason Mark Elliott
- Administrators' firm
- Cowgill Holloway Business Recovery
- Incorporated
- 2004-10-20
- Location
- Bolton
- Industry
- 47910 Retail sale via mail order houses or via Internet
Why it went into administration
- Rising costs / inflation
- HMRC / tax arrears
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Property / lease costs
- Parent or group failure
From the administrators' statement
The Company was incorporated on 20 October 2004 under the joint control of David Brackin (“DB”) and Fraser Pearce (“FP”}, who remain as directors and shareholders of the Company.
The Company acts as an eBay trading assistant, primarily selling fashion items and collectibles, on behalf of individuals and Companies (“Customers”).
Historically, in certain circumstances, customers have required the Company to purchase the stock rather than acting as agent and on these occasions an associated Company Beautiful Homes LTD (“BHL”) have transacted and then sold the stock through the Company.
Administrators' statement of proposals (2022-11-01) · Companies House register