# Payvand Medical Hygiene Supplies Limited (06837980)

> Why UK company 06837980 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06837980

- **Status:** Administration ended
- **Administration began:** 2017-03-07
- **Administrators:** Andrew Howard Beckingham, Siann Huntley
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2009-03-05
- **Location:** Bristol
- **Industry:** 46900 Non-specialised wholesale trade

## Why it went into administration

- Property / lease costs
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses
- Credit insurance / supplier credit withdrawn

## From the administrators' statement

The Company was incorporated on 5 March 2009 as a vehicle to acquire the business of the insolvect company Payvand Medical Supplies Limited which had been established in 1987.

The Company traded from leased premises at 7/8 John Baker Close, Llantarnam Park Estate, Cwmbran, undertaking the manufacture and wholesale distribution of chemicals, cleaning fluids, products and equipment for the janitorial and nursing home sectors.

The Company's trading results over its first few years were generally positive. However, the Company has faced increasing cash flow pressures over the last couple of years and the initial profits of the Company's first success have largely been cancelled out by recent continued losses.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06837980/filing-history/MzE3NTM3ODU3NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06837980

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