# Wightman Stewart (Holdings) Limited (06158145)

> Why UK company 06158145 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06158145

- **Status:** Administration ended
- **Administration began:** 2012-03-08
- **Administrators:** Robert David Adamson, Tim Alan Askham
- **Administrators' firm:** Mazars
- **Incorporated:** 2007-03-14
- **Location:** Leeds
- **Industry:** 7415

## Why it went into administration

- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 14 March 2007 and acted as a holding company for both Wightman Stewart Limited and Wightman Stewart Services Limited

Both Wightman Stewart Limited and Wightman Stewart Services Limited traded successfully providing waterjet machines and a servicing facility for the machines provided

In November 2011, Wightman Stewart Limited’s American contractor cancelled the agreement with them The investment that Wightman Stewart Limited had made in marketing was in excess of £120,000 These monies have proved to be unrecoverable from the American company and as such Wightman Stewart Limited found itself in a position of being unable to continue to trade and in turn so did Wightman Stewart Services Limited

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06158145/filing-history/MzA1NzEyNzM3NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06158145

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