# Wine Discoveries Ltd (06063487)

> Why UK company 06063487 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06063487

- **Status:** Administration ended
- **Administration began:** 2012-02-27
- **Administrators:** David Richard Thorniley
- **Administrators' firm:** Traverse Advisory
- **Incorporated:** 2007-01-24
- **Location:** Tunbridge Wells
- **Industry:** 5225

## Why it went into administration

- Property / lease costs

## From the administrators' statement

The Company experienced trading difficulties in 2011 Staff numbers were reduced, and prices were increased

In the summer of 2011 the directors sought to raise working capital and held discussions with a number of banks and finance specialists However, these discussions were unsuccessful, and the directors injected £10,000 into the Company in July 2011 by way of directors’ loans

In September 2011 the Company entered into negotiations with another drinks company with a view to ether raising capital and/or achieving a partial or complete sale of the business, but these negotiations produced no result

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06063487/filing-history/MzA1NjU5NzM1NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06063487

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