Durham OX UK Limited (06350404): administration
- Status
- Administration ended
- Administration began
- 2011-08-05
- Administrators
- Adam Jordan, Nickolas Garth Rimes
- Administrators' firm
- The Wilkes Partnership
- Incorporated
- 2007-08-22
- Location
- Bewdley
- Industry
- 5530
Why it went into administration
- Property / lease costs
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated in August 2007 and began trading as a public house and restaurant
During the later part of 2009, the Company invested tn a fish and chip bar The purchase of this business was not as successful as the Directors had hoped and resulted in the Company having to use the majority of its cash reserves to keep afloat
This resulted in the Company’s cash flow becoming restricted resulting in a debt to HM Revenue & Customs which the Company was unable to pay On 6 January 2011, due to lack of payment and an outstanding debt in the sum of £85,639 79, HM Revenue & Customs distrained over the tangible assets of the Company
Administrators' statement of proposals (2011-08-30) · Companies House register