# AJM Textiles Ltd (05802433)

> Why UK company 05802433 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05802433

- **Status:** Administration ended
- **Administration began:** 2016-02-22
- **Administrators:** Sean Williams, Philip Deyes
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2006-05-02
- **Location:** Manchester
- **Industry:** 13921 Manufacture of soft furnishings

## Why it went into administration

- Loss of a key customer, supplier or contract
- HMRC / tax arrears
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Property / lease costs
- Rising costs / inflation
- Sustained trading losses
- Credit insurance / supplier credit withdrawn

## From the administrators' statement

31 A full background to the events leading up to Administration were sent to all creditors on 26 February 2016 and ts at Appendix J of the report

32 The Company was incorporated in 2006 and commenced to trade shortly after Funds were acquired privately by both Directors to manage the initial start up costs

33 The Company traded in the manufacture and supply of various textiles, but in the main mattress covers to a vanety of sectors (retail, medical, prisons etc)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05802433/filing-history/MzE0NTYzMjE3M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05802433

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