# Wendex Vehicle Rental Limited (05977460)

> Why UK company 05977460 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05977460

- **Status:** Administration ended
- **Administration began:** 2018-07-18
- **Administrators:** Charles Hamilton Turner, Simon John Lowes
- **Administrators' firm:** Insolvency Practitioners of CVR Global
- **Incorporated:** 2006-10-25
- **Location:** London
- **Industry:** 77110 Renting and leasing of cars and light motor vehicles

## Why it went into administration

- Creditor pressure / legal action
- Cash flow / liquidity pressure

## From the administrators' statement

3.1 In June 2018 the Company faced increasing pressure from one of the finance companies that they rented/hired vehicles from. The finance company had historic arrears and charges that had built up over a period of time and were pressing for

3.2

repayment.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05977460/filing-history/MzIxNDk1NzY0MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05977460

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