The Ultimate Zone Limited (06076666): administration
- Status
- Administration ended
- Administration began
- 2011-09-02
- Administrators' firm
- Litmus Advisory
- Incorporated
- 2007-01-31
- Location
- Cleckheaton
- Industry
- 1824
Why it went into administration
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 31 January 2007 by Wendy Simmonds (“WS”). WS has an established history in retail fashion design Upon mcorporation WS purchased 100% of the authorised and issued share capital of the Company
The Company manufactured and sold fashion garments to several large customers, including Jane Norman, ASOS and Miss Selfmdge The Company had traded profitably since incorporation and financial accounts for the year ended 31 March 2010 show accumulated reserves of £54,195
Approximately two thirds of the Company’s turnover was generated from sales to Jane Norman Limited
Administrators' statement of proposals (2011-11-01) · Companies House register