Trailaddiction Ltd (05426253): administration
- Status
- Administration ended
- Administration began
- 2017-03-06
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2005-04-15
- Location
- Newcastle upon Tyne
- Industry
- 79110 Travel agency activities
Why it went into administration
- HMRC / tax arrears
- Rising costs / inflation
- Over-expansion / investment not recovered
- Sustained trading losses
From the administrators' statement
APPOINTMENT
The Director of the Company has supplied the following information which outlines the circumstances giving rise to our appointment.
trailAddiction Ltd was founded in 2003, primarily as a part-time ‘lifestyle’ business by two close friends who shared a long time passion and dream for mountain biking in the French Alps. Several years of
Administrators' statement of proposals (2017-04-26) · Companies House register