Moorhouse & Mohan Limited (05316520): administration and why it failed

Moorhouse & Mohan Limited (05316520): administration

Status: Administration ended
Administration began: 2016-09-20
Administrators' firm: RSM
Formerly: The Worldwide Trading Team Limited
Incorporated: 2004-12-17
Location: Leicester
Industry: 47210 Retail sale of fruit and vegetables in specialised stores

Why it went into administration

Sustained trading losses
Cash flow / liquidity pressure
Creditor pressure / legal action
Bad debts / customer insolvency
Weather / natural events

From the administrators' statement

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

Profit and Loss Account

Draft Draft Unaudited

Administrators' statement of proposals (2016-11-04) · Companies House register

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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
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Moorhouse & Mohan Limited (05316520): administration

Why it went into administration

From the administrators' statement

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Moorhouse & Mohan Limited (05316520)