Trust Distribution Ltd (05354872): administration
- Status
- In administration
- Administration began
- 2024-09-18
- Administrators
- Kerry Bailey, Mark Thornton
- Administrators' firm
- BDO
- Incorporated
- 2005-02-07
- Location
- Liverpool
- Industry
- 46660 Wholesale of other office machinery and equipment
Why it went into administration
- Funding withdrawn / unable to refinance
- Weather / natural events
- Property / lease costs
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Kerry Bailey and Mark Thornton were appointed Joint Administrators of the Companies on 18 September 2024.
The affairs, business and property of the Companies are being managed by the Joint Administrators, who act as agents of the Companies and without personal liability.
Purpose of the Proposals
Administrators' statement of proposals (2024-10-03) · Companies House register