# Nationwide Mailing Limited (05618917)

> Why UK company 05618917 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05618917

- **Status:** Administration ended
- **Administration began:** 2011-10-21
- **Administrators:** Andrew Appleyard, Dilip K Dattani
- **Administrators' firm:** RSM
- **Incorporated:** 2005-11-10
- **Location:** Enderby
- **Industry:** 6412

## Why it went into administration

- Loss of a key customer, supplier or contract
- Over-expansion / investment not recovered
- Competition / price pressure

## From the administrators' statement

The Company was incorporated in November 2005 and operated as a direct mail company from premises in Woodston, Peterborough The business grew quickly recording a small profit of £2,500 in its first financial year, followed by a net profit of £82,000 to 31 March 2008

The rapid expansion of the business meant that tt soon outgrew its original premises at Unit 1, and a move to the much larger premises at Unit 2 was the only option Although the expansion proved costly, Unit 2 was designed and equipped to cut staffing levels (agency) and produce more work per hour Despite a significant rise in overheads as a result of the move, the Company still managed to achieve a net profit of £21,000 to 31 March 2009

The Company continued to trade profitably through 2010 despite the recession achieving a net profit £55,000

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05618917/filing-history/MzA0OTMzMjI2OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05618917

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