# Trailaddiction Ltd (05426253)

> Why UK company 05426253 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05426253

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05426253/filing-history/MzE3NDQzNzk4N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05426253

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