# Betta Workwear Limited (05871931)

> Why UK company 05871931 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05871931

- **Status:** Administration ended
- **Administration began:** 2011-06-27
- **Administrators:** Mark Elijah Thomas Bowen
- **Administrators' firm:** PwC
- **Incorporated:** 2006-07-11
- **Location:** Birmingham
- **Industry:** 9305

## Why it went into administration

- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Property / lease costs

## From the administrators' statement

The company was formed in September 2008 from a purchase of assets from Betta Tool Hire Limited, which had entered Liquidation

The business continued to operate from the trading premises of Betta Tool Hire Limited at 411 Long Acre, Birmingham and camed out two main functons as both tool and workwear hire

Nigel Walton was appointed as the company director and mital funding was sought from Peak Cashflow Limited who secured their position with a debenture over the company’s assets

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05871931/filing-history/MzA0MjE3Mjc5MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05871931

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