New Level UK Limited (05898567): administration
- Status
- Administration ended
- Administration began
- 2018-02-20
- Administrators' firm
- Kroll
- Formerly
- MS IT Limited
- Incorporated
- 2006-08-07
- Location
- Birmingham
- Industry
- 46499 Wholesale of household goods (other than musical instruments) n.e.c
Why it went into administration
- Regulatory change or action
- Weak consumer demand
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
Statutory information on the Company and a summary of its financial history is included at Appendix 1.
The Company was incorporated on 7 August 2006 and specialised in the sale of high end gym equipment.
The Company operated under the brand names Spirit Fitness, Sole Fitness and Xterra fitness.
Administrators' statement of proposals (2018-05-02) · Companies House register