# Network 4 Home Delivery Ltd (06967468)

> Why UK company 06967468 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06967468

- **Status:** Administration ended
- **Administration began:** 2013-06-04
- **Administrators' firm:** Leonard Curtis
- **Formerly:** Ideal Logistics Ltd
- **Incorporated:** 2009-07-20
- **Location:** Manchester
- **Industry:** 49410 Freight transport by road

## Why it went into administration

- Property / lease costs
- HMRC / tax arrears
- Creditor pressure / legal action

## From the administrators' statement

The Company was tncorporated in July 2009 although only began trading on 28 September 2010 The directors of the Company are Mr Vincent Riley, Mrs Lucie Riley and Mr Jayson Bennett

The pnncipal activity was that of a two man delivery service to homes covering the UK and Ireland The Company initially traded from leasehold premises in Winsford, West Sussex and Carlisle The Company employed between 40 and 50 staff at any tme

The Company was funded by way of an invoice finance facility held with Bibby Financial Services Limited (“Bibby”) who hold secunty by way of a debenture, incorporating a fixed and floating charge over all assets, created on 13 April 2011

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06967468/filing-history/MzA4MjQzNDA3MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06967468

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