Dhillon Dairy Limited (05477010): administration
- Status
- Administration ended
- Administration began
- 2012-05-28
- Administrators' firm
- Kallis & Company
- Incorporated
- 2005-06-09
- Location
- London
- Industry
- 7487
Why it went into administration
- HMRC / tax arrears
- Competition / price pressure
- Energy costs
- Property / lease costs
From the administrators' statement
The Company was incorporated on the 9" June 2005 by Mr Dilbagh Singh (‘the Director”) The purpose of the Company was to take over the running of the Director’s existing business Dhillon Dairies, a distributor of milk and bread to retailers (corner shops) in and around the M25, which he had been running as a sole trader for a number of years
The Company commenced trading on the 25" September 2007 and traded from leased premises at 11 Atcost Road off River Road, Barking, Essex, IG11 0EQ The trading premises were owned personally by the Director and Mrs Gurdev Kaur The Company paid an annual rent of £180,000 for the use of the same
Upon commencing to trade the Director mtroduced personal funds, stock, plant and machinery into the Company which was accounted for by way of a loan account The Company was further funded by way of an overdraft facility of £100,000 which was provided by HSBC Bank Pic, and was personally guaranteed by the Director
Administrators' statement of proposals (2012-07-19) · Companies House register