Krazy Price Clearance Limited (06791568): administration
- Status
- Administration ended
- Administration began
- 2015-01-19
- Administrators
- Jeremy Nicholas Bleazard
- Administrators' firm
- XL Business Solutions
- Formerly
- Kneading Professional Caterers Limited
- Incorporated
- 2009-01-14
- Location
- Cleckheaton
- Industry
- 46900 Non-specialised wholesale trade
Why it went into administration
- Sustained trading losses
- Loss of a key customer, supplier or contract
- Property / lease costs
- Competition / price pressure
- Weather / natural events
From the administrators' statement
The following has been received from the director of the Company
The Company commenced trading in 2010 carrying on business as a wholesale supplier of fashion clothing to the retail trade securing a number of high profile customers
However, during the years 2012 and 2013 the Company suffered a serious reduction in turnover due to a number of its key customers entering tnto formal insolvency proceedings
Administrators' statement of proposals (2015-02-27) · Companies House register