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Henryjamesshoes Limited (06825307): administration

Status
Administration ended
Administration began
2014-10-03
Administrators
Julie Anne Palmer, Simon Campbell
Administrators' firm
Begbies Traynor
Incorporated
2009-02-20
Location
Salisbury
Industry
47990 Other retail sale not in stores, stalls or markets

Why it went into administration

From the administrators' statement

The Company was incorporated on 20 February 2009 and traded as an online shoe retailer Mr Katz is the sole director and majority shareholder of the Company

The Company generated revenue of £146k and £173k in 2013 and 2012 respectively creating a profit for the year of £33k and £173 respectively

The Company suffered from a breakdown in trading relationships with key suppers and cash flow issues tesulting in arrears of payments with HMRC Furthermore, new Goolge algorthms affected the website ratings which reduced the quantum of customers visiting the website

Administrators' statement of proposals (2014-11-21) · Companies House register

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Henryjamesshoes Limited (06825307)

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