Additive Ltd (06957070): administration
- Status
- Administration ended
- Administration began
- 2017-01-12
- Administrators' firm
- Opus Restructuring
- Incorporated
- 2009-07-09
- Location
- Milton Keynes
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Property / lease costs
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 9 July 2009 in the name of Additive Limited and has traded as ‘Darling London’ The Company's registered office and trading address is 27 Fitzroy Square, London, W1T 6ES The Company stored various stock in a warehouse at Unit 4 Mill Place, Platt Industrial Estate, Maidstone Road, Kent, TN15 8FD
The Company was formed and !s controlled by directors Francis Heffie ‘Heff’ Ramsey Moraes (‘HM’) and Nadia Mount (‘NM’) The Company has tssued a total of 2,100 'X’, ‘Y’ and deferred shares of £0 10 each, totalling £210, as follows HM holds 278 'X' shares and 50 deferred shares, totalling 16% of the issued shares, NM holds 278 ‘Xx’ shares and 1,050 deferred shares, totalling 63% of the issued shares and Tom Tar Singh (‘TS’) holds 444 'Y’ shares, totalling 21% of the issued shares
The ‘X’ and ‘Y’ shares hold full voting, dividend and participation rights The deferred shares hold none of these rights
Administrators' statement of proposals (2017-03-02) · Companies House register