# IT Media Station Limited (06684084)

> Why UK company 06684084 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06684084

- **Status:** Administration ended
- **Administration began:** 2013-05-17
- **Administrators:** Garry Wallace Lock, David James Green
- **Administrators' firm:** RSM
- **Incorporated:** 2008-08-29
- **Location:** Eastleigh
- **Industry:** 18129 Printing n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

IT Media Station Limited was incorporated on 29 August 2008 by Adam Murry and he was the sole director until Sarah Murry became a director on 1 December 2010 The company initially traded from premises In Westbourne, Bournemouth

The Company provided a bespoke design and printing service, including signage and wide format printing The Company grew very quickly and by the end of 2011 the turnover had risen from £324,640 for the year ended 31 December 2010 to £765,702 In August 2012, the Company took on additional larger premises in Poole and additional staff were employed to manage the increased work load The Company also invested heavily in plant and machinery, to meet demand and increase the range of products offered

Despite further growth in turnover, this was insufficient to absorb the significant increase in overheads and this resulted in cash flow problems In November 2012 the directors realised that a cost cutting exercise was required to manage the cash flow problems and a number of staff were made redundant Unfortunately, the Company began to fall behind with orders and subsequently three CCJs were lodged against the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06684084/filing-history/MzA4MTczODMwOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06684084

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