# Philidas Limited (06901932)

> Why UK company 06901932 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06901932

- **Status:** Administration ended
- **Administration began:** 2012-12-10
- **Administrators' firm:** Kroll
- **Formerly:** Shoo 456 Limited; Shoo 456 Limited
- **Incorporated:** 2009-05-11
- **Location:** Manchester
- **Industry:** 25940 Manufacture of fasteners and screw machine products

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure
- HMRC / tax arrears
- Creditor pressure / legal action

## From the administrators' statement

Statutory information on the Company and a summary of its financial history ts included at Appendix 1

The Company's principal trading activity is the manufacture of female fasteners The Company operates from the Property under a short term lease

The Company banked with NatWest, had an invoice finance facility with Leumi and hire purchase agreement with CAF

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06901932/filing-history/MzA3MjM5MDg1NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06901932

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