# JB Global Limited (05573571)

> Why UK company 05573571 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05573571

- **Status:** Administration ended
- **Administration began:** 2020-06-15
- **Administrators:** Robert James Harding, Daniel James Mark Smith
- **Administrators' firm:** Deloitte
- **Incorporated:** 2005-09-26
- **Location:** Birmingham
- **Industry:** 47599 Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store

## Why it went into administration

- COVID-19
- Funding withdrawn / unable to refinance
- Sustained trading losses

## From the administrators' statement

• Reasons for failure & financial distress

The Company began experiencing a decline in trading

performance in 2018, attributed to adverse movements |

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05573571/filing-history/MzI3MjAyODgyOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05573571

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