# Reisswolf Northern Limited (05973121)

> Why UK company 05973121 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05973121

- **Status:** Administration ended
- **Administration began:** 2013-11-15
- **Administrators:** Daryl Warwick
- **Administrators' firm:** RSM
- **Incorporated:** 2006-10-20
- **Location:** Carlisle
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- Sustained trading losses
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Weather / natural events

## From the administrators' statement

The Company historically has been under the ownership of a German registered Reisswolf franchise company, Red File GmbH and has traded at a significant loss

During the year ended 31 December 2011 the Company incurred a trading loss In excess of £60,000 on a turnover of £1 2M and shareholders funds were £450,000 tn deficit. The Company was only able to continue via the ongoing financial support of Red File GmbH who at that balance sheet date were owed approximately £630,000.

2.3

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05973121/filing-history/MzA4OTc2MzYzN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05973121

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