Yjbport Limited (06220063): administration
- Status
- Administration ended
- Administration began
- 2021-01-14
- Administrators' firm
- La Business Recovery
- Incorporated
- 2007-04-19
- Location
- Uxbridge
- Industry
- 46460 Wholesale of pharmaceutical goods
Why it went into administration
- Creditor pressure / legal action
- Regulatory change or action
- Competition / price pressure
From the administrators' statement
2.1. The Company was incorporated on 19 April 2007 and commenced trading around 2010. Mr Yogendra Patel has been the Director since incorporation.
2.2 The Company was initially funded by directors’ loans, and research was done to find potential products
to develop for the UK market. The business grew steadily over several years and leased a warehouse unit in Wembley to store its products.
Administrators' statement of proposals (2021-03-22) · Companies House register