# Cass Maritime Limited (05283648)

> Why UK company 05283648 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05283648

- **Status:** Administration ended
- **Administration began:** 2013-10-31
- **Administrators:** Jamie Taylor, Louise Donna Baxter
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2004-11-11
- **Location:** Southend on Sea
- **Industry:** 50200 Sea and coastal freight water transport

## From the administrators' statement

Cass Maritime Limited was a UK based partner of a large Korean ship broker It brokered deals between British ship owners and Korean ship yards

Mr Kwon invested significant funds into the business in 2011 in exchange for a debenture and ts currently owed around £722,000 However, after this investment was made, the shipping market generally took a downturm and Cass Maritime Limited began to suffer financially as a result

Mr Kwon agreed an arrangement with the company for instalments to be paid in repayment of his debt however this was not adhered to

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05283648/filing-history/MzA5MDkwMjA1MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05283648

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