# Jade Babycare Logistics Limited (06797439)

> Why UK company 06797439 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06797439

- **Status:** Administration ended
- **Administration began:** 2015-10-26
- **Administrators:** Mark Newman, James Patrick Nicholas Martin
- **Administrators' firm:** CCW Recovery Solutions
- **Incorporated:** 2009-01-21
- **Location:** Oldbury
- **Industry:** 52103 Operation of warehousing and storage facilities for land transport activities

## Why it went into administration

- Rising costs / inflation
- HMRC / tax arrears
- Creditor pressure / legal action

## From the administrators' statement

The Company was incorporated in January 2009 The Company's purpose was to provide a dehver and build service of children’s flat pack nursery furniture for furniture suppliers and for private individuals

The business was funded by way of an invoice finance factlhty with Positive Cash Flow Finance Limited

The business in its first three years of trading sought to establish itself within the market place and incurred losses totalling some £19,000

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06797439/filing-history/MzEzNzYxNzAzMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06797439

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