# Traxx (Aggregates) Limited (06808872)

> Why UK company 06808872 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06808872

- **Status:** In administration
- **Administration began:** 2016-10-11
- **Administrators:** Andrew Turpin, Matthew Douglas Hardy
- **Administrators' firm:** Quantuma
- **Incorporated:** 2009-02-03
- **Location:** Birmingham
- **Industry:** 08110 Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate

## Why it went into administration

- Bad debts / customer insolvency

## From the administrators' statement

The Company was incorporated on 3 February 2009 by Director, Nigel Jones and carned on the business of a working quarry from two locations in Newport, Shropshire and Coleshill, Birmingham

The Company's mai trading objective was the ongoing extraction of sand from both sites for sale to the building industry

The Company continued to trade for a couple of years and in October 2011 acquired investment in the Company from Recycling Management Limited (“RML”) in respect of a Secured Loan for £250,000 tn addition to acquiring a 50% shareholding in the Company A further Unsecured Loan was provided to the Company and a balance of £57,000 remains outstanding

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06808872/filing-history/MzE2NTAwOTk5OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06808872

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