Overs Self Storage Limited (05568246): administration and why it failed

Overs Self Storage Limited (05568246): administration

Status: Administration ended
Administration began: 2012-02-22
Administrators' firm: Baker Tilly Restructuring and Recovery
Incorporated: 2005-09-20
Location: Guildford
Industry: 6024

Why it went into administration

Funding withdrawn / unable to refinance
Bad debts / customer insolvency
Energy costs
Cash flow / liquidity pressure
Property / lease costs

From the administrators' statement

Given the deficiency of financial information as set out in Section 3 below, limited extracts from the Company’s abbreviated unaudited accounts are summarised below.

Year Ended Year Ended

Balance Sheet 31.01.10 31.01.09

Administrators' statement of proposals (2012-04-25) · Companies House register

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Overs Self Storage Limited (05568246): administration

Why it went into administration

From the administrators' statement

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Overs Self Storage Limited (05568246)